Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Q-Gold Resources ( (TSE:QGR) ) has shared an update.
Q-Gold Resources Ltd has announced a strategic exploration program for its Mine Centre project in Ontario, focusing on the historic Foley Shaft. The program aims to expand the known gold vein systems through diamond drilling and vein mapping, with the goal of delivering a NI 43-101 compliant resource estimate by 2026. The company plans to commence drilling by the end of June, targeting high-grade gold veins to support future resource estimation and potential restart of operations. This initiative is expected to enhance Q-Gold’s industry positioning and provide significant opportunities for stakeholders.
More about Q-Gold Resources
Q-Gold Resources Ltd is a mining company focused on gold exploration and development. The company holds over 10,000 acres of mining claims in the historic Mine Centre gold camp in Ontario, Canada, which includes the past-producing Foley Gold Mine. The Mine Centre property is strategically located near major gold discoveries and offers significant potential for gold vein exploration.
Average Trading Volume: 82,559
Technical Sentiment Signal: Buy
Current Market Cap: C$10.48M
See more data about QGR stock on TipRanks’ Stock Analysis page.