CGN Resources Ltd. (AU:CGR) has released an update.
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CGN Resources Ltd. has identified 11 promising gravity anomalies at its Webb Project, signaling high potential for significant mineral deposits such as carbonatite and iron-oxide-copper-gold (IOCG). The company used advanced airborne gravity and magnetic surveys to pinpoint these targets, which share characteristics with nearby niobium-rich carbonatites. With these findings, CGN Resources is set to advance its exploration efforts, aiming to capitalize on the region’s unexplored potential.
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