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An announcement from ProAm Explorations ( (TSE:PMX) ) is now available.
ProAm Explorations has engaged Halifax-based Terrane Geoscience Inc. to undertake a comprehensive structural review and data gap analysis at its 100% optioned Golden Ridge gold project in New Brunswick. The work will integrate geological, geophysical, and drilling information to refine structural models and identify high-priority targets for future exploration and drilling.
The technical program is designed to evaluate the bulk-tonnage potential suggested by historical near-surface gold intercepts and a previously reported 520,200-ounce historical inferred resource at Golden Ridge. By focusing on structural controls, higher-grade zones, and depth extensions where earlier holes ended in mineralization, ProAm aims to upgrade its geological understanding, sharpen drill targeting, and potentially enhance the project’s scale and economic appeal in a stronger gold price environment.
More about ProAm Explorations
ProAm Explorations Corporation is a Canadian mineral exploration company focused on acquiring and advancing precious and strategic metals projects in tier-one mining jurisdictions. The company targets known mineralized systems with potential for resource growth and development through systematic exploration programs aimed at derisking and expanding deposits.
Average Trading Volume: 107,609
Technical Sentiment Signal: Buy
Current Market Cap: C$2.24M
For an in-depth examination of PMX stock, go to TipRanks’ Overview page.