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3D Resources Limited ( (AU:ADG) ) has shared an announcement.
Great Divide Mining Ltd has commenced operations at the Challenger Gold Mine, marking a significant step in its transition from a gold explorer to a producer. The company expects to produce initial concentrates at the site, with the separation of free gold for the first gold pour to follow soon. This development is poised to provide GDM with its first revenue stream and enhance its operational standards. The Challenger Gold Mine offers a near-term production opportunity with substantial exploration potential, and GDM’s role as operator allows for direct management control and expedited cash flow.
More about 3D Resources Limited
Great Divide Mining Ltd (GDM) is an Australian company involved in the mining, exploration, and production of gold, copper, antimony, and critical metals. The company focuses on operations in Australia and is part of a joint venture with Adelong Gold Limited, aiming to capitalize on the exploration and production potential of the Challenger Gold Mine in New South Wales.
Current Market Cap: A$9.78M
For a thorough assessment of ADG stock, go to TipRanks’ Stock Analysis page.