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Q-Gold Resources ( (TSE:QGR) ) has issued an update.
Q-Gold Resources Ltd. has initiated a preliminary economic assessment (PEA) for its Quartz Mountain Gold Project in Oregon, following its recent acquisition from Alamos Gold. The company has engaged Kappes, Cassiday & Associates to conduct the PEA, which will evaluate the project’s economic potential and provide a foundation for future technical studies and permitting activities. This development marks a significant milestone for Q-Gold as it aims to unlock shareholder value and capitalize on the project’s strategic advantages, including its favorable location and solid mineral resource base.
More about Q-Gold Resources
Q-Gold Resources Ltd. is a publicly traded North American-based mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America. The company is dedicated to expanding its portfolio of gold and silver assets toward production, with a primary focus on its flagship Quartz Mountain Gold Project in Oregon, USA, and the Mine Centre Gold Project in Ontario, Canada.
Average Trading Volume: 163,047
Technical Sentiment Signal: Buy
Current Market Cap: C$15.41M
See more insights into QGR stock on TipRanks’ Stock Analysis page.