Riversgold Ltd. (AU:RGL) has released an update.
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Riversgold Ltd. reports the expansion of gold mineralization at their Northern Zone Gold Project near Kalgoorlie, with drilling results showing significant high-grade gold assays, including a peak of 58.09 g/t Au over a meter within a 5m interval averaging 12.27 g/t Au. The company’s ongoing drilling campaigns have validated the potential of a large blind porphyry system, and further drilling is planned to explore this finding more deeply. The project’s exploration target estimates 2.5 to 4.8 million ounces of gold, positioning Riversgold’s project as a noteworthy endeavor as gold prices surge.
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