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The latest announcement is out from Goldflare Exploration Inc ( (TSE:GOFL) ).
Goldflare Exploration Inc. has announced the completion of a four-hole drill program on its Goldfields property, totaling 1,452 meters. The results indicate significant gold-bearing intrusions, with notable intersections including 1.3 g/t over 22.8 meters and a high-grade interval of 113 g/t over 1 meter. These findings suggest the potential for lateral and depth expansion of the Goldfields gold system, enhancing the company’s prospects for developing an economically viable deposit. The drill program’s success underscores Goldflare’s strategic focus on expanding its exploration footprint and confirms the continuity of the mineralized system, which could have positive implications for stakeholders and the company’s market positioning.
More about Goldflare Exploration Inc
Goldflare Exploration Inc. operates in the mining industry, focusing on the exploration and development of gold deposits. The company is primarily engaged in identifying and expanding gold-bearing zones, with a particular emphasis on the Goldfields property in Quebec.
Average Trading Volume: 46,565
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$1.12M
See more data about GOFL stock on TipRanks’ Stock Analysis page.