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Hemlo Explorers ( (TSE:RSG) ) has provided an update.
Rocky Shore Gold Ltd. has announced the discovery of a significant 6.0-kilometre-long gold target, the Lane Pond Gold Target, at its Gold Anchor Project in Newfoundland. This discovery, located above the Appleton Fault Corridor, is part of a promising gold district and highlights the potential for major gold deposits. The company plans to conduct further exploration, including a diamond drill program, to prioritize areas for development, potentially enhancing its position in the gold exploration industry.
More about Hemlo Explorers
Rocky Shore Gold Ltd. is a Canadian-based mineral exploration company focused on gold discoveries in central Newfoundland, particularly on its 100%-controlled Gold Anchor Project.
YTD Price Performance: -24.29%
Average Trading Volume: 2,100
Technical Sentiment Signal: Hold
Current Market Cap: $7.18M
See more insights into RSG stock on TipRanks’ Stock Analysis page.