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Peregrine Gold Ltd. ( (AU:PGD) ) just unveiled an announcement.
Peregrine Gold Limited has executed a binding agreement with prominent prospector and major shareholder Mark Creasy, allowing for the exploitation of precious metals at the Peninsula prospect. This agreement, involving several Special Prospecting Licences, permits the extraction of gold material down to a depth of 50 meters, with net proceeds to be split 60/40 in favor of Peregrine. This development could enhance Peregrine’s operational capabilities and strengthen its position in the gold mining sector.
More about Peregrine Gold Ltd.
Peregrine Gold Limited is a company operating in the mining industry, focusing on the exploration and development of gold resources. Its primary market focus is on high-grade gold prospects, particularly within its Newman Gold Project.
YTD Price Performance: 7.14%
Average Trading Volume: 69,797
Technical Sentiment Signal: Hold
For an in-depth examination of PGD stock, go to TipRanks’ Stock Analysis page.
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