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Conquest Resources ( (TSE:CQR) ) just unveiled an update.
Conquest Resources Limited has signed a Letter of Intent to acquire Carrigel Ltd., which owns the Valimaki Gold Project in Finland. The project spans 23,197 hectares and features a gold-rich boulder train with high assay results. Conquest plans to commence exploration activities in early 2026, aiming to establish drill targets and conduct testing later in the year. This acquisition enhances Conquest’s portfolio, potentially strengthening its position in the mineral exploration industry and offering promising opportunities for stakeholders.
More about Conquest Resources
Conquest Resources Limited, established in 1945, is a mineral exploration company focusing on base metals and gold exploration in Ontario, Canada. The company holds a 100% interest in the Belfast-TeckMag Project in the Temagami Mining Camp, which is noted for its significant exploration potential.
Average Trading Volume: 145,667
Technical Sentiment Signal: Buy
Current Market Cap: C$6.1M
Find detailed analytics on CQR stock on TipRanks’ Stock Analysis page.