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Laneway Resources Ltd. ( (AU:SVG) ) has shared an update.
Savannah Goldfields Limited is advancing its gold projects in the Gulf Savannah Region, focusing on recommencing gold production. The company is preparing to restart operations at its Georgetown and Agate Creek sites, with plans to transport stockpiled ore and resume mining activities by July. A capital raising program has been initiated to fund these activities, and a new CEO, Mr. Brad Sampson, has been appointed. The company is also working on expanding its gold Mineral Resource base and exploring potential new targets.
More about Laneway Resources Ltd.
YTD Price Performance: 5.00%
Average Trading Volume: 871,584
Technical Sentiment Signal: Hold
Current Market Cap: A$18.26M
For detailed information about SVG stock, go to TipRanks’ Stock Analysis page.