Gold Road Resources Ltd ( (AU:GOR) ) has provided an announcement.
Gold Road Resources Ltd has issued a clarification regarding its recent announcement on the Gruyere Underground Exploration Target. The company emphasizes that the mineral resource and ore reserve estimates remain consistent with its 2024 Annual Mineral Resource and Ore Reserve Statement. However, it retracts certain information from the original announcement and advises investors not to rely on this retracted data for investment decisions. The company is continuing its efforts to enhance the potential of the Gruyere underground operation, with plans to complete ongoing drilling and support a Pre-feasibility Study in 2026.
More about Gold Road Resources Ltd
Gold Road Resources Ltd operates in the mining industry, primarily focusing on the exploration and development of gold resources. The company is known for its Gruyere project, a joint venture with Gold Fields, which is a significant gold mining operation in Western Australia.
YTD Price Performance: 54.62%
Average Trading Volume: 6,072
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.97B
Learn more about GOR stock on TipRanks’ Stock Analysis page.