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Hillgrove Resources Limited ( (AU:HGO) ) has provided an announcement.
Hillgrove Resources Limited has announced promising drilling results from its Kavanagh site at the Kanmantoo Copper Mine, revealing copper mineralization below the existing Mineral Resource Estimate. This discovery, particularly from hole 25KVUG0597, suggests a new vertical extension target, potentially expanding the resource base and enhancing long-term prospects. The ongoing drilling program aims to further explore the Kavanagh Mineralisation System, with expectations of continued resource growth and operational expansion.
The most recent analyst rating on (AU:HGO) stock is a Buy with a A$0.10 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 extraction. The company is engaged in the exploration and development of mineral resources, with a significant focus on the Kanmantoo Copper Mine located in Kanmantoo.
Average Trading Volume: 5,263,340
Technical Sentiment Signal: Sell
Current Market Cap: A$88.77M
See more data about HGO stock on TipRanks’ Stock Analysis page.