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Citigold Corporation Limited ( (AU:CTO) ) just unveiled an update.
Citigold Corporation Limited announced supplementary information to its recent Quarterly Activities Report, highlighting results from rock chip sampling. The sampling revealed detectable gold in 14 samples, with only one sample considered anomalous at 0.21 g/t Au. The findings, while not significant for the Charters Towers Gold Project, are encouraging as they are located in a favorable structural setting, potentially impacting future exploration and development strategies.
More about Citigold Corporation Limited
Citigold Corporation Limited is an Australian gold exploration and development company focused on the high-grade Charters Towers goldfield in north-east Australia. The company is engaged in mine design and engineering, regional exploration programs, and efforts to restart its world-class gold mine.
Technical Sentiment Signal: Sell
Current Market Cap: A$12M
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