Val-d’Or Mining Corporation ( (TSE:VZZ) ) has shared an announcement.
Val-d’Or Mining Corporation has announced the start of a 5,000-metre diamond drilling program at the Perestroika Prospect in Québec, under the operation of Eldorado Gold Québec. This Phase II drilling aims to follow up on promising gold values and further define the structural controls of gold mineralization. The program is part of an option agreement allowing Eldorado Gold Québec to earn a 70% interest in the property through significant expenditures. This development could enhance Val-d’Or Mining’s exploration capabilities and strengthen its position in the mining industry.
More about Val-d’Or Mining Corporation
Val-d’Or Mining Corporation is a junior natural resource issuer focused on acquiring and exploring mineral property assets, primarily in the Abitibi Greenstone Belt of NE Ontario and NW Québec. The company is involved in early-stage exploration and seeks joint venture partners for advanced exploration projects. Its interests span a range of mineral commodities including gold, copper-zinc-silver, nickel-copper-PGE, and industrial and energy minerals.
YTD Price Performance: -4.76%
Average Trading Volume: 28,788
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$5.09M
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