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Prodigy Gold NL ( (AU:PRX) ) has provided an announcement.
Prodigy Gold NL has announced an updated Mineral Resource estimate for its Hyperion Gold deposit, showing an increase to 9.66 million tonnes at 1.4g/t gold for 435,000 ounces. This update reflects a 12% increase in tonnes and a 7% increase in ounces compared to the previous estimate, attributed to new drilling data and a lower cut-off grade due to higher gold prices. The update underscores the strategic importance of the Tanami North project, with plans for further exploration and drilling to assess potential underground extraction opportunities.
More about Prodigy Gold NL
Prodigy Gold NL is a company operating in the mining industry, focusing on gold exploration and development. The company primarily engages in the exploration of gold deposits, with a significant focus on the Tanami North project in the Northern Territory, which includes the Hyperion and Tregony Gold deposits.
Current Market Cap: A$6.35M
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