CGN Resources Launches 2025 Exploration at Webb Project

The latest update is out from CGN Resources Ltd. ( (AU:CGR) ).

CGN Resources Ltd. has initiated its 2025 exploration campaign at the Webb Project, targeting significant IOCG, carbonatite, and gold prospects. The company has mobilized its field crew to prepare for drilling at key targets, including Kandula, Elmar, and Shep, with drilling set to begin in late April. This exploration effort is part of CGN’s strategy to leverage high-quality geoscience in under-explored terrains to make major discoveries, potentially enhancing its market position and creating value for shareholders.

More about CGN Resources Ltd.

CGN Resources Ltd. is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include iron-oxide-copper-gold (IOCG), carbonatite, and orogenic gold. The company is actively engaged in exploring the mineral-rich terrains of the West Arunta Orogen in Western Australia, an area known for its potential in copper, nickel, and critical metals.

YTD Price Performance: 35.00%

Average Trading Volume: 103,894

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$8.92M

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