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Hillgrove Resources Limited ( (AU:HGO) ) has issued an announcement.
Hillgrove Resources Limited has announced a significant increase in its Mineral Resource Estimate (MRE) and Ore Reserve Estimate (ORE) at the Kanmantoo Copper mine. The 2025 Ore Reserve shows a 43% increase in reserve tonnes and a 33% increase in contained copper compared to 2024, while the Mineral Resource Estimate reflects a 14% increase in total tonnes and a 46% increase in contained gold. These updates highlight the strength of the Kanmantoo copper system and suggest an extended life for the mine, bolstering confidence in the long-term viability of Hillgrove’s operations.
The most recent analyst rating on (AU:HGO) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Hillgrove Resources Limited stock, see the AU:HGO Stock Forecast page.
More about Hillgrove Resources Limited
Hillgrove Resources Limited is a company operating in the mining industry, primarily focusing on copper and gold production. The company owns the Kanmantoo Copper mine in South Australia, which is central to its operations.
Average Trading Volume: 10,642,595
Technical Sentiment Signal: Sell
Current Market Cap: A$111.1M
Find detailed analytics on HGO stock on TipRanks’ Stock Analysis page.