Megado Gold Ltd. (AU:MEG) has released an update.
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Megado Gold Ltd. is gearing up for its maiden drilling program at the North Fork Rare Earth Project, with permits expected in the third quarter of 2024 and a focus on high-grade areas previously identified. The company is also streamlining operations to reduce monthly expenditures by over A$35,000 and has welcomed Anthony Hall as an Executive Director. Additionally, Megado is exploring cost-effective options on the Cyclone Project and evaluating other projects emphasizing critical minerals.
For further insights into AU:MEG stock, check out TipRanks’ Stock Analysis page.