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The latest announcement is out from PVW Resources Limited ( (AU:PVW) ).
PVW Resources has completed the acquisition of Southern Prospecting Pty Ltd, securing options over the Cobb Creek gold project in Nevada and the Colorado Gulch and Silverstar projects in Idaho. The move broadens PVW’s North American exposure and positions the company in established gold belts with significant exploration upside.
Cobb Creek hosts a historical 173,000-ounce gold estimate at 1.4 grams per tonne and past drilling has returned broad zones of near-surface mineralisation with multiple open targets along strike and at depth. The Idaho assets add historic underground workings and documented gold-silver mineralisation with limited modern exploration, while board renewal via the appointment of Martin Walter and planned permitting and target refinement programs signal an accelerated push to advance the U.S. portfolio.
The most recent analyst rating on (AU:PVW) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on PVW Resources Limited stock, see the AU:PVW Stock Forecast page.
More about PVW Resources Limited
PVW Resources Limited is an exploration-focused mining company targeting precious metals, with a growing portfolio of gold and silver projects. The company is expanding its footprint into key North American mining jurisdictions, including Nevada’s Independence Gold Trend and Idaho’s Central Gold Belt, both historically prolific and highly prospective regions.
Average Trading Volume: 574,276
Technical Sentiment Signal: Sell
Current Market Cap: A$7.01M
For an in-depth examination of PVW stock, go to TipRanks’ Overview page.