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Hemlo Explorers ( (TSE:RSG) ) has provided an announcement.
Rocky Shore Gold Ltd., a company involved in gold exploration, has strengthened its Gold Anchor Project in central Newfoundland by acquiring the Huxter Lane and Brady properties. These acquisitions, which include significant historical gold resources, enhance the company’s strategic position in a promising gold belt. The properties host the Mosquito Hill and Reid gold deposits, which are seen as growth opportunities due to their potential for further exploration. The company plans to conduct a maiden drill program at the Lane Pond Gold Target and compile data on the newly acquired deposits to identify additional targets for future drilling.
More about Hemlo Explorers
Average Trading Volume: 211,865
Technical Sentiment Signal: Buy
Current Market Cap: C$19.31M
For a thorough assessment of RSG stock, go to TipRanks’ Stock Analysis page.