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Citigold Corporation Limited ( (AU:CTO) ) has provided an announcement.
Citigold Corporation Limited has released its half-year report for 2024, highlighting ongoing developments at its Central Mine site within the Charters Towers Gold Project. The report outlines the current mining activities, including the areas to be mined and those previously mined, as well as plans to extend the main access tunnel by an additional 1,000 meters. These developments are crucial for enhancing the company’s operational capacity and potentially increasing gold production, which could have significant implications for its market positioning and stakeholder interests.
More about Citigold Corporation Limited
Citigold Corporation Limited operates in the mining industry, focusing primarily on gold extraction. The company is involved in the development and operation of gold mining projects, with a significant emphasis on its Charters Towers Gold Project.
Average Trading Volume: 5,000
Technical Sentiment Signal: Buy
Current Market Cap: $7.56M
For detailed information about CTO stock, go to TipRanks’ Stock Analysis page.