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Q-Gold Resources ( (TSE:QGR) ) just unveiled an announcement.
Q-Gold Resources has initiated the third phase of its diamond drilling program at the historic Foley Shaft area within its Mine Centre project in Northwestern Ontario. The program, which is part of a four-stage exploration plan, aims to define a NI-43-101 compliant mineral resource. The first hole has already been drilled, intersecting a quartz vein with promising mineralization. This phase seeks to further delineate mineralized zones and assess the potential for resource development, enhancing Q-Gold’s position in the mining sector and potentially increasing shareholder value.
More about Q-Gold Resources
Q-Gold Resources Ltd. is a company operating in the mining industry, focusing on exploration and development of mineral resources. It holds over 10,000 acres of mining claims, leases, and patents in the historic Mine Centre gold camp in Northern Ontario, which has a history of gold production dating back to the 1890s.
Average Trading Volume: 104,421
Technical Sentiment Signal: Sell
Current Market Cap: C$7.4M
For detailed information about QGR stock, go to TipRanks’ Stock Analysis page.