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White Metal Resources ( (TSE:TGOL) ) has issued an update.
Thunder Gold Corp announced significant diamond drill core assay results from its Tower Mountain Gold Property, revealing promising gold mineralization at the P-Target. The recent drilling campaign confirmed sustained gold grades over wide intervals, suggesting a large tonnage low-grade gold resource potential. This discovery along the eastern margin of the Tower Mountain Intrusive Complex bolsters the company’s confidence in potentially advancing towards a Tier One gold discovery. The mineralized trend is strategically positioned within a compact area entirely owned by Thunder Gold, enhancing exploration efficiency and benefiting from existing infrastructure.
More about White Metal Resources
Thunder Gold Corp, formerly known as White Metal Resources Corp, operates in the mining industry with a focus on gold exploration. The company owns the Tower Mountain Gold Property located in the Shebandowan Greenstone Belt, a region known for its mineral-rich geology.
YTD Price Performance: 7.50%
Average Trading Volume: 170,213
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$8.89M
For a thorough assessment of TGOL stock, go to TipRanks’ Stock Analysis page.