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Resolute Mining Announces Significant Resource Expansion at La Debo Project

Story Highlights
  • Resolute Mining Limited reports a 60% increase in gold resources at La Debo Project.
  • The company plans further exploration in Côte d’Ivoire to enhance its growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Resolute Mining Announces Significant Resource Expansion at La Debo Project

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Resolute Mining ( (AU:RSG) ) just unveiled an announcement.

Resolute Mining Limited has announced an initial Mineral Resource Estimate at its La Debo Project in Côte d’Ivoire, revealing a 60% increase in contained gold to 643 koz. This expansion is attributed to successful exploration at the G3S prospect, with plans to extend mineralization and explore new permits in 2026. The company, which holds over 7 Moz of gold resources in the region, aims to further its growth strategy through ongoing exploration in Côte d’Ivoire and other African countries, positioning itself for long-term value creation.

The most recent analyst rating on (AU:RSG) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.

More about Resolute Mining

Resolute Mining Limited is an Africa-focused gold mining company with a significant presence in Côte d’Ivoire. The company is engaged in gold exploration and development, with key projects including La Debo, ABC, and Doropo. Resolute is committed to expanding its resource base and enhancing shareholder value through strategic exploration and development activities.

YTD Price Performance: 155.70%

Average Trading Volume: 15,030,665

Technical Sentiment Signal: Buy

Current Market Cap: A$2.15B

Learn more about RSG stock on TipRanks’ Stock Analysis page.

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