Riversgold Advances Gold Drilling Near Kalgoorlie

Riversgold Ltd. (AU:RGL) has released an update.

Riversgold Ltd has initiated reverse circulation and air core drilling at its Northern Zone Gold Project, near Kalgoorlie, aiming to establish a maiden JORC-compliant gold resource. The project boasts a significant gold exploration target within a large porphyry gold system, with drilling confirming the presence of substantial gold mineralization. The company compares the Northern Zone’s potential to the nearby Apollo Hill Gold Project, suggesting possibilities for a large-scale, low-grade operation.

For further insights into AU:RGL stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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