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The latest announcement is out from Laneway Resources Ltd. ( (AU:SVG) ).
Savannah Goldfields Limited has reported promising assay results from its drilling campaign at the Red Dam Prospect within the Georgetown Gold Project, verifying historical data and obtaining core samples for metallurgical testing. This development could bolster the company’s operations and demonstrate further resource potential, highlighting its commitment to expanding gold mineralisation at key sites while awaiting results from additional Reverse Circulation (RC) drilling.
The most recent analyst rating on (AU:SVG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Laneway Resources Ltd. stock, see the AU:SVG Stock Forecast page.
More about Laneway Resources Ltd.
Savannah Goldfields Limited operates in the gold mining and exploration industry, primarily focused on the Georgetown Gold Project in Queensland, Australia. The company specializes in gold exploration and mineral resource development, with tenements and prospects aimed at enhancing its gold production capabilities.
Average Trading Volume: 9,389,306
Technical Sentiment Signal: Sell
Current Market Cap: A$32.12M
Learn more about SVG stock on TipRanks’ Stock Analysis page.