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Volcanic Gold Mines Inc ( (TSE:VG) ) has issued an update.
Volcanic Gold Mines Inc. has announced the resumption of exploration activities at its Holly Property in Guatemala, aiming to expand its high-grade gold and silver resources. The company plans to focus on the La Peña and Pino veins, which have shown promising mineralization in previous drilling campaigns, with the potential to significantly enhance the current resource estimates. By working closely with local stakeholders, Volcanic Gold Mines intends to secure a social license to operate and advance its drilling efforts, potentially strengthening its position in the precious metals market.
More about Volcanic Gold Mines Inc
Volcanic Gold Mines Inc. operates in the mining industry, focusing on the exploration and development of gold and silver resources. The company is primarily engaged in identifying and expanding high-grade mineral deposits, with a market focus on precious metals.
YTD Price Performance: -8.70%
Average Trading Volume: 59,652
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$4.78M
For a thorough assessment of VG stock, go to TipRanks’ Stock Analysis page.