An announcement from Riversgold Ltd. ( (AU:RGL) ) is now available.
Riversgold Ltd. has announced promising assay results from its initial drilling campaign at the Northern Zone Gold Project, part of the Kalgoorlie East Gold Project. The results from the first two of eleven drill holes indicate significant shallow gold mineralization, prompting the company to extend its drilling program by an additional 2,000 meters. These findings suggest the potential for a substantial gold resource, drawing parallels with other successful projects in the region, and could enhance Riversgold’s market positioning and project valuation.
More about Riversgold Ltd.
Riversgold Limited (ASX: RGL) operates in the mining industry, focusing on gold exploration and development. The company is engaged in projects primarily located in Western Australia, with a particular emphasis on the Kalgoorlie East Gold Project.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7.58M
For detailed information about RGL stock, go to TipRanks’ Stock Analysis page.