Evergold Corp (TSE:EVER) has released an update.
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Evergold Corp. has announced a private placement financing aimed at raising up to $3,500,000 for further drilling at their promising DEM1 gold-silver prospect in British Columbia. The funds will facilitate a follow-up to last fall’s drilling, which revealed both broad low-grade and localized high-grade metal intercepts. The company’s leadership is optimistic about the potential for significant value addition, with strong precious metal prices and Evergold retaining full upside exposure to the prospect.
For further insights into TSE:EVER stock, check out TipRanks’ Stock Analysis page.
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