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EDM Resources Inc ( (TSE:EDM) ) has issued an update.
EDM Resources Inc. announced significant gold assay results from its zinc and lead concentrates at the Scotia Mine, with gold grades of 2.93 g/t and 142 g/t. These findings, confirmed by additional analyses, suggest a high gold potential at the mine, prompting the company to plan further assays and geological reviews. This development could enhance EDM’s operational prospects and industry positioning, potentially impacting stakeholders positively.
More about EDM Resources Inc
EDM Resources Inc. is a Canadian exploration and mining company that fully owns the Scotia Mine and related facilities near Halifax, Nova Scotia. The company also holds several exploration licenses in the surrounding regions. Its shares are traded on the TSX Venture Exchange and the Frankfurt Exchange.
Average Trading Volume: 69,463
Technical Sentiment Signal: Sell
Current Market Cap: C$5.07M
See more data about EDM stock on TipRanks’ Stock Analysis page.