Palisades Goldcorp Ltd. (TSE:PALI) has released an update.
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Palisades Goldcorp Ltd. has announced that their investee, New Found Gold Corp., has achieved promising results from metallurgical testing at the Queensway project, with gold extraction rates between 90% to 96%. This testing forms part of the 2023 Phase I program on the fully owned Newfoundland and Labrador site. Palisades, a resource investment company, continues its strategy to support junior companies in the resource sector, holding a significant 24.65% interest in New Found.
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