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Zodiac Gold Inc ( (TSE:ZAU) ) has issued an update.
Zodiac Gold Inc., which explores for gold in Liberia’s underexplored Todi Shear Zone, is advancing its district-scale Todi Gold Project that features proven gold occurrences at surface and depth and several drill-ready targets, highlighting both gold and iron ore potential. The company aims to leverage this large 2,316 km2 land position in a mining-friendly West African jurisdiction to build a significant exploration portfolio.
The company has begun trading on the OTCQB Venture Market in the United States under the ticker ZAUIF, adding to its existing TSX Venture Exchange and Frankfurt listings. Management expects the OTCQB listing, together with a pending DTC eligibility application, to broaden access for U.S. investors, improve liquidity, and support capital raising as it advances exploration at the Todi Gold Project and seeks to enhance long-term shareholder value.
More about Zodiac Gold Inc
Zodiac Gold Inc. is a West-African gold exploration company focused on its flagship Todi Gold Project in Liberia, a politically stable and mining-friendly jurisdiction that hosts several large-scale gold and iron ore deposits. Positioned along the Todi Shear Zone, the company is pursuing a district-scale gold opportunity with additional iron ore potential across a 2,316 km2 land package, where de-risking work has identified proven gold occurrences and multiple drill-ready targets.
Average Trading Volume: 410,728
Technical Sentiment Signal: Buy
Current Market Cap: C$51.32M
For an in-depth examination of ZAU stock, go to TipRanks’ Overview page.