Riversgold Ltd. ( (AU:RGL) ) has shared an update.
Riversgold Ltd. has announced promising assay results from its ongoing drilling program at the Northern Zone Gold Project near Kalgoorlie, Western Australia. The results, which include significant shallow gold intercepts, suggest a growing footprint of gold mineralization, enhancing the project’s potential. The company is awaiting further assay results from additional samples, which will inform future drilling campaigns and a potential Mineral Resource Estimate. Riversgold also draws parallels between its Northern Zone Project and Saturn Metals’ Apollo Hill Project, indicating the potential for a large-scale operation.
More about Riversgold Ltd.
Riversgold Limited (ASX: RGL) is a company operating in the mining industry, focusing on gold exploration and development. The company is actively engaged in projects in the Kalgoorlie region of Western Australia, with a particular emphasis on expanding its gold mineralization footprint at the Northern Zone Gold Project.
Technical Sentiment Signal: Buy
Current Market Cap: A$6.73M
See more data about RGL stock on TipRanks’ Stock Analysis page.