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Ranchero Gold Corp ( (TSE:RNCH) ) has provided an update.
Ranchero Gold Corp has entered into an option agreement with Homegold Resources Ltd. to acquire a 100% interest in the Sandspit Gold Project in British Columbia. This strategic move allows Ranchero to focus on expanding its gold exploration activities while terminating its previous option over the Pinchi Lake Nickel Project. The Sandspit Project, with its historical drilling and surveys, presents a promising opportunity for Ranchero to enhance its position in the gold exploration industry.
More about Ranchero Gold Corp
Ranchero Gold Corp is an exploration and development company focused on early-stage gold exploration. The company has an option to earn a 100% interest in the Sandspit gold project, located in Haida Gwaii, British Columbia, Canada. Ranchero continues to seek additional projects to expand its portfolio.
YTD Price Performance: -25.00%
Average Trading Volume: 24,718
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.12M
For an in-depth examination of RNCH stock, go to TipRanks’ Stock Analysis page.