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The latest announcement is out from Riversgold Ltd. ( (AU:RGL) ).
Riversgold Limited has announced the discovery of a new shallow gold zone at its Northern Zone Gold Project near Kalgoorlie, Western Australia. The recent assay results from six drillholes have identified gold mineralisation in a previously undrilled area, potentially linking two existing mineralised zones. This discovery could significantly expand the project’s footprint, enhancing its potential for future mining operations. With results from additional drillholes expected soon, the company anticipates continued positive developments that could strengthen its position in the gold mining sector.
More about Riversgold Ltd.
Riversgold Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily involved in projects located in Western Australia, with a significant focus on the Kalgoorlie Gold Project, which includes the Northern Zone and Gold Wing Projects.
Technical Sentiment Signal: Sell
Current Market Cap: A$12.5M
For an in-depth examination of RGL stock, go to TipRanks’ Overview page.