Gold Basin Resources Corporation (TSE:GXX) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Gold Basin Resources Corporation has announced a new phase in their exploration strategy with a 3,000-meter drill program set to begin in Q2 2024, aimed at expanding and delineating resources at their wholly-owned Gold Basin oxide gold project in Arizona. The program will build on previous drilling successes, targeting the Gap Zone and adjacent deposits, which have demonstrated potential for a significant 1.5-kilometer-long gold deposit, open in all directions. This upcoming drilling is part of an effort leading to the company’s first NI 43-101 oxide gold resource report expected later this year.
For further insights into TSE:GXX stock, check out TipRanks’ Stock Analysis page.