The latest update is out from Nevgold Corp ( (TSE:NAU) ).
NevGold Corp has expanded its Zeus Copper Project by approximately 50%, adding 1,000 hectares of land in the Hercules Copper District, Idaho. This strategic move enhances NevGold’s position in the emerging copper trend, as the newly acquired land shares geological similarities with significant copper discoveries in the area. The expansion is expected to strengthen NevGold’s exploration efforts, with plans for geophysical surveys to identify drill targets, potentially increasing the company’s resource base and market competitiveness.
More about Nevgold Corp
NevGold Corp is a company operating in the mining industry, focusing on the exploration and development of mineral properties. Its primary product is copper, and it is actively engaged in projects within the Hercules Copper Trend in southwestern Idaho.
YTD Price Performance: 40.0%
Average Trading Volume: 73,877
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$26.46M
For a thorough assessment of NAU stock, go to TipRanks’ Stock Analysis page.