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Wanguo Gold Group Announces Feasibility Study for Gold Ridge Mine Expansion

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Wanguo Gold Group Announces Feasibility Study for Gold Ridge Mine Expansion

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Wanguo International Mining Group Ltd. ( (HK:3939) ) has provided an announcement.

Wanguo Gold Group Limited has announced a summary of a feasibility study for the expansion of the Gold Ridge Mine in the Solomon Islands. The study, prepared by Zijin (Xiamen) Engineering Design Co. Ltd, highlights the strategic location and infrastructure of the mine, which is connected by a paved road to the capital’s airport. This development is expected to enhance the company’s operational capabilities and strengthen its position in the gold mining industry, potentially benefiting shareholders and attracting potential investors.

The most recent analyst rating on (HK:3939) stock is a Hold with a HK$35.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.

More about Wanguo International Mining Group Ltd.

Wanguo Gold Group Limited, incorporated in the Cayman Islands, operates in the mining industry with a focus on gold mining and processing. The company owns a significant interest in Gold Ridge Gold Mining Limited, which manages the Gold Ridge Mine located in the Solomon Islands.

Average Trading Volume: 8,111,946

Technical Sentiment Signal: Buy

Current Market Cap: HK$36.29B

See more data about 3939 stock on TipRanks’ Stock Analysis page.

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