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Gunpoint Exploration Initiates Drill Program and Announces $3.35 Million Funding

Story Highlights
  • Gunpoint starts a 1,500-meter drill program at Talapoosa to explore new mineralized trends.
  • The company announces a $3.35 million private placement to support exploration and operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gunpoint Exploration Initiates Drill Program and Announces $3.35 Million Funding

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The latest update is out from Gunpoint Exploration ( (TSE:GUN) ).

Gunpoint Exploration Ltd. has initiated a 1,500-meter drill program at its Talapoosa project to explore a newly identified mineralized trend, potentially expanding the project’s size and mine plan. Additionally, the company announced a $3.35 million non-brokered private placement to fund exploration programs, working capital, and property payments, with the offering expected to close by December 1, 2025.

More about Gunpoint Exploration

Gunpoint Exploration Ltd. is a company operating in the mining industry, focusing on the exploration and development of gold and silver projects. Its primary project, Talapoosa, is located in the Walker Lane Trend of Nevada, known for its mineral-rich deposits.

Average Trading Volume: 33,041

Technical Sentiment Signal: Sell

Current Market Cap: C$24.1M

Find detailed analytics on GUN stock on TipRanks’ Stock Analysis page.

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