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Sorrento Resources Expands with Rodgers Cove Gold Project Acquisition

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Sorrento Resources Expands with Rodgers Cove Gold Project Acquisition

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Sorrento Resources Ltd. ( (TSE:SRS) ) has issued an update.

Sorrento Resources Ltd. has announced an agreement to acquire a 100% interest in the Rodgers Cove Gold Project in Newfoundland, marking a significant expansion in the Central Newfoundland Gold Belt. The acquisition involves cash, shares, and a net smelter returns royalty, with several promising gold targets identified, potentially enhancing Sorrento’s position in the gold exploration sector.

More about Sorrento Resources Ltd.

Sorrento Resources Ltd. is a Canadian exploration company focused on the acquisition, exploration, and development of mineral projects in Atlantic Canada.

Average Trading Volume: 35,566

Technical Sentiment Signal: Sell

Current Market Cap: C$3.82M

For a thorough assessment of SRS stock, go to TipRanks’ Stock Analysis page.

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