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Hillgrove Resources Limited ( (AU:HGO) ) just unveiled an announcement.
Hillgrove Resources Limited has announced an update on its Exploration Targets at the Kanmantoo Mine, identifying potential for significant expansions in copper and gold resources. The company plans extensive diamond drilling to explore down dip extensions and new lodes, which could enhance its mine plan and operational capacity. This strategic move aims to strengthen Hillgrove’s position in the mining sector by increasing its resource endowment and supporting future mining activities.
More about Hillgrove Resources Limited
Hillgrove Resources Limited operates in the mining industry, focusing primarily on the exploration and extraction of copper and gold. The company’s operations are centered around the Kanmantoo Mine in South Australia, emphasizing the discovery and development of mineral resources within this region.
YTD Price Performance: -8.00%
Average Trading Volume: 3,098,672
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$94.3M
See more insights into HGO stock on TipRanks’ Stock Analysis page.