New Gold (TSE:NGD) has released an update.
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New Gold Inc. has reported promising results from its 2024 drilling program at Rainy River, which indicate potential growth in mineral resources and suggest promising targets for future exploration. The Company’s first major drilling campaign since 2017 has extended underground zones and discovered new gold mineralization, revealing both open pit and underground reserves. These developments are expected to positively impact the year-end mineral resource estimate and bolster New Gold’s exploration strategy.
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