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Golden Rapture Mining Uncovers New Exploration Targets at Phillips Gold Project

Story Highlights
  • Golden Rapture Mining discovered strong linear magnetic anomalies at its Phillips Gold Project.
  • The company plans a surface sampling program to explore new high-priority targets identified by the survey.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest announcement is out from Golden Rapture Mining Corporation ( (TSE:GLDR) ).

Golden Rapture Mining Corporation announced the discovery of strong linear magnetic anomalies throughout its Phillips Gold Project area, identified through a recent drone magnetic survey. The survey revealed new high-priority exploration targets, particularly in the northeast corner of the project area, suggesting significant potential for gold exploration. The findings indicate the presence of an extensive magnetic body at a depth of 600 meters, prompting the company to initiate a surface sampling program to further investigate these promising areas.

More about Golden Rapture Mining Corporation

Golden Rapture Mining Corporation operates in the mining industry, focusing on gold exploration and development. The company is engaged in the exploration of its Phillips Gold Project located in the Rainy River District, Ontario, which spans over 10,000 acres.

Average Trading Volume: 110,733

Technical Sentiment Signal: Hold

See more insights into GLDR stock on TipRanks’ Stock Analysis page.

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