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Prodigy Gold Updates Hyperion Resource Estimate and Prepares for 2025 Exploration

Story Highlights
  • Prodigy Gold NL updated the Hyperion Gold Deposit estimate, increasing gold ounces by 7%.
  • Preliminary test results show excellent gold recoveries, indicating promising future prospects.
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Prodigy Gold Updates Hyperion Resource Estimate and Prepares for 2025 Exploration

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Prodigy Gold NL ( (AU:PRX) ) has shared an update.

Prodigy Gold NL has updated the Mineral Resource estimate for its Hyperion Gold Deposit, reflecting a 12% increase in tonnes and a 7% rise in gold ounces, totaling 435,000 ounces. Preliminary metallurgical test results indicate excellent gold recoveries, particularly for oxide and transition mineralization, suggesting promising prospects for future development. The company is preparing for further drilling and exploration activities in 2025, focusing on enhancing the Hyperion Deposit’s resource confidence and potentially expanding its inventory.

More about Prodigy Gold NL

Prodigy Gold NL operates in the mining industry, focusing on gold exploration and development. The company is primarily involved in projects such as the Tanami North Gold Project, which includes the Tregony and Hyperion Gold Deposits, and joint ventures like the Lake Mackay and Tobruk & Monza Projects.

Current Market Cap: A$6.35M

See more data about PRX stock on TipRanks’ Stock Analysis page.

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