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Evergreen Lithium Ltd. ( (AU:EG1) ) has issued an announcement.
Evergreen Lithium Ltd. has announced plans to expedite the development of its Mt Monger Gold Project, located approximately 70km southeast of Kalgoorlie, Western Australia. The site review highlighted significant exploration potential with multiple high-quality drill targets, particularly at the Duchess of York Prospect. The project’s proximity to existing infrastructure, including a nearby mill, and its location within a premier gold belt, positions Evergreen to potentially transform into an emerging gold producer, creating substantial value for shareholders.
More about Evergreen Lithium Ltd.
Evergreen Lithium Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is currently pivoting towards gold production, leveraging its Mt Monger Gold Project in Western Australia, which is strategically located near existing infrastructure and gold processing facilities.
Average Trading Volume: 981,663
Technical Sentiment Signal: Hold
Find detailed analytics on EG1 stock on TipRanks’ Stock Analysis page.