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The latest update is out from Satori Resources ( (TSE:CGC) ).
Canadian Gold Corp. is advancing its Phase 4 drill program at the Tartan Mine in Manitoba, focusing on expanding high-grade gold mineralization along the western flank. The recent drilling results show significant expansions of high-grade zones, with one hole revealing 11.6 gpt gold over 5.1 meters and another showing 7.1 gpt over 6.0 meters. These results, alongside a high success rate in intercepting potentially economic mineralization, bolster the viability of the Main Zone and suggest the presence of a larger, high-grade orogenic gold system. The ongoing drilling aims to maximize gold ounces before updating the mineral resource estimate and conducting a mine economics study.
More about Satori Resources
YTD Price Performance: 16.13%
Average Trading Volume: 30,119
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$34.1M
Learn more about CGC stock on TipRanks’ Stock Analysis page.
