Adyton Resources Corporation ( (TSE:ADY) ) has provided an update.
Adyton Resources Corporation has completed over 4,000 meters of drilling at its Wapolu Gold Project and is preparing to commence drilling at the Gameta Gold Project, with full support from local landowners. The drilling at Wapolu is part of a resource extension program aimed at evaluating the potential to restart mining operations at the previously abandoned site, which historically produced gold. The company is also progressing with its Feni Island Gold-Copper Project and plans to move forward with mine permitting processes and further exploration activities.
More about Adyton Resources Corporation
Adyton Resources Corporation operates in the mining industry, focusing on gold exploration and development. The company is engaged in projects on Fergusson Island, Papua New Guinea, specifically the Wapolu and Gameta Gold Projects, with a market focus on advancing these gold projects.
YTD Price Performance: -6.25%
Average Trading Volume: 159,863
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$38.99M
For detailed information about ADY stock, go to TipRanks’ Stock Analysis page.