CGN Resources Ltd. Ramps Up Webb Project Drilling
Company Announcements

CGN Resources Ltd. Ramps Up Webb Project Drilling

CGN Resources Ltd. (AU:CGR) has released an update.

CGN Resources Ltd. is advancing its exploration at the Webb Project with the commencement of a new phase of RC drilling, focusing on high priority nickel and rare earth element (REE) targets, and preparing for deep diamond drilling later in the year. The current Surus diamond drilling program is expected to complete soon at 580 meters depth, with full EIS grant funding anticipated. The company’s managing director expressed enthusiasm for the new phase, which aims to build upon previously identified mineralization within the project.

For further insights into AU:CGR stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App