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Sorrento Resources Ltd. ( (TSE:SRS) ) has shared an announcement.
Sorrento Resources Ltd. has announced the acquisition of additional mineral claims at the Rodgers Cove Project in Newfoundland, expanding its holdings to 11 mineral licenses covering approximately 3,775 hectares. This strategic acquisition enhances Sorrento’s position in the Central Newfoundland Gold Belt, an area known for high-grade gold discoveries, and could potentially lead to significant exploration and development opportunities for the company.
More about Sorrento Resources Ltd.
Sorrento Resources Ltd. is a Canadian exploration company engaged in the acquisition, exploration, and development of mineral property assets in Canada. The company focuses on locating and developing economic precious and base metal properties, including the Rodgers Cove, Wing Pond, Lord Baron projects, the PEG lithium project, and the Harmsworth (VMS) project, all situated in Newfoundland.
Average Trading Volume: 26,529
Technical Sentiment Signal: Buy
Current Market Cap: C$4.13M
See more data about SRS stock on TipRanks’ Stock Analysis page.