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Opus One Resources Inc ( (TSE:OOR) ) has provided an announcement.
Opus One Gold Corp. announced promising results from the first hole of its winter drilling program on the Noyell project near Matagami, Quebec. The drilling revealed a significant gold mineralization with 4.12 g/t Au over 7.3 meters, prompting the company to extend its drilling program from 7,000 meters to nearly 9,000 meters. This expansion reflects the strong potential of the mineralized structure, which appears to be more robust near the surface. These findings could enhance Opus One’s position in the mining industry and potentially benefit stakeholders by increasing the project’s value.
More about Opus One Resources Inc
Opus One Gold Corp. is a mining exploration company that focuses on discovering high-quality gold and base metals deposits. The company operates in strategically located properties within proven mining camps near existing mines in the Abitibi Greenstone Belt, north-western Quebec, and north-eastern Ontario, which is one of the most prolific gold mining areas globally. Opus One holds assets in the Val-d’Or and Matagami mineral districts.
Average Trading Volume: 265,743
Technical Sentiment Signal: Buy
Current Market Cap: C$15.68M
See more data about OOR stock on TipRanks’ Stock Analysis page.