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Riley Resources Corp ( (TSE:RLYG) ) has provided an announcement.
Riley Gold Corp has announced the commencement of its 2025 drilling campaign at the Pipeline West/Clipper Gold Project (PWC) in the Cortez District, Nevada, operated by Kinross Gold. The campaign aims to explore high-priority drill targets identified through geological and geophysical data, with Kinross having the right to earn up to a 75% interest in the project by investing a minimum of $20 million. The project is strategically located near significant gold producers and aims to uncover large disseminated gold deposits. Additionally, Riley Gold has terminated its Tokop Gold Project to conserve resources.
More about Riley Resources Corp
Riley Gold Corp is a company focused on gold exploration and development. It operates primarily in the Cortez District of Nevada, a region known for its significant gold production. The company’s primary project, Pipeline West/Clipper Gold Project (PWC), is a prospective site for Carlin-type, disseminated, and replacement gold deposits.
Average Trading Volume: 18,108
Technical Sentiment Signal: Sell
Current Market Cap: C$5.27M
Learn more about RLYG stock on TipRanks’ Stock Analysis page.