Headwater Gold Expands High-Grade Mineralization at Spring Peak Project

The latest update is out from Headwater Gold ( (TSE:HWG) ).

Headwater Gold Inc. announced the successful results of its 2024 drill program at the Spring Peak project in Nevada, funded by Newcrest Resources Inc., a subsidiary of Newmont Corporation. The program revealed significant gold mineralization in new target areas, including the Shadow and Southpaw targets, and expanded the known extent of high-grade mineralization. The results underscore the potential for further discoveries and the strategic importance of the Bear Fault corridor, where Headwater controls a significant strike extent. These developments are poised to enhance Headwater’s exploration prospects and industry positioning.

More about Headwater Gold

Headwater Gold Inc. operates in the mining industry, focusing on exploration and development of gold resources. The company is engaged in identifying and expanding high-grade gold mineralization zones, primarily in the Walker Lane trend of western Nevada.

YTD Price Performance: -26.00%

Average Trading Volume: 28,161

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $9.86M

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