Hemlo Explorers (TSE:HMLO) has released an update.
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Hemlo Explorers Inc. has expanded its exploration portfolio by securing 153 claims in a promising area of central Newfoundland, near New Found Gold Corp’s Queensway Project. The location is considered highly prospective due to a major fault zone and the potential for orogenic gold mineralization. The company is gearing up for an initial exploration program and is open to further expanding its stake in the region.
For further insights into TSE:HMLO stock, check out TipRanks’ Stock Analysis page.
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