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Peregrine Gold Ltd. ( (AU:PGD) ) has shared an update.
Peregrine Gold Limited has identified a second high-grade Channel Iron Deposit (CID) named Carneys CID at its Newman Gold and Iron Project. This new prospect, located near the previously discovered Coopers CID, features a significant strike length with high iron grades and low deleterious elements, enhancing the company’s resource potential and strategic positioning in the region.
More about Peregrine Gold Ltd.
Peregrine Gold Limited operates in the mining industry, focusing on the exploration and development of gold and iron deposits. The company is primarily engaged in identifying and developing high-grade Channel Iron Deposits (CID) in the Newman region, with a strategic market focus on expanding its mineral resource base.
Average Trading Volume: 262,730
Technical Sentiment Signal: Buy
Current Market Cap: A$24.62M
Learn more about PGD stock on TipRanks’ Stock Analysis page.