tiprankstipranks
Trending News
More News >

Adelong Gold Partners with Great Divide Mining to Advance Gold Project

Story Highlights
  • Adelong Gold Limited partners with Great Divide Mining to advance its Adelong Gold Project.
  • The agreement aims to fast-track gold production within 12 months, benefiting shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Adelong Gold Partners with Great Divide Mining to Advance Gold Project

3D Resources Limited ( (AU:ADG) ) just unveiled an announcement.

Adelong Gold Limited has entered into a binding agreement with Great Divide Mining to advance the Adelong Gold Project, with plans for the first gold pour within 12 months. This partnership allows Adelong Gold to leverage GDM’s expertise and resources, aiming to fast-track development and production, while retaining a 49% interest without funding obligations until gold production begins. The agreement is expected to accelerate the pathway to gold production, potentially delivering positive outcomes for shareholders.

More about 3D Resources Limited

Adelong Gold Limited is a company operating in the gold mining industry, focusing on the development and production of gold resources. Its primary project is the Adelong Gold Project located in New South Wales, Australia.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$5.59M

For detailed information about ADG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App