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DGR Global Limited ( (AU:DGR) ) has issued an update.
DGR Global Limited has announced a significant development regarding its investment in SolGold plc, which has been re-rated due to the strategic development plans for the Cascabel Project in northern Ecuador. SolGold’s updated resource definition and exploration activities at the Tandayama deposit, part of the Cascabel Project, have led to a revised near-surface resource estimate and optimized potential pit shells. This development is expected to enhance the project’s value and financing capability, with plans for early open-pit development at Tandayama. DGR Global is optimistic about the potential of the copper-gold porphyry targets at Tandayama and supports SolGold’s strategies to advance the project.
More about DGR Global Limited
DGR Global Limited is involved in the creation of resource exploration, development, and mining companies. The company leverages the expertise of a core team of geoscientists to identify resource projects that have the potential to yield world-class discoveries of valuable commodities. DGR focuses on commodities with favorable long-term price outlooks, exploring geological terrains with strong endowments and under-explored histories, and operates in jurisdictions with improving socio-economic and regulatory frameworks.
Average Trading Volume: 663,410
Technical Sentiment Signal: Buy
Current Market Cap: A$18.79M
Find detailed analytics on DGR stock on TipRanks’ Stock Analysis page.