New Gold (TSE:NGD) has released an update.
New Gold Inc. has reported promising exploration results at its New Afton mine, with continuous high-grade copper-gold porphyry mineralization discoveries in the eastern sector. The company’s CEO highlights the potential for a new high-grade mining area, which could be brought into production efficiently due to its proximity to existing infrastructure and above existing extraction levels. These findings include significant drilling highlights such as borehole EA24-510, which yielded some of the highest grades to date.
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