Capricorn Metals Ltd (AU:CMM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Capricorn Metals Ltd has announced promising drilling results from its Mt Gibson and Karlawinda Gold Projects, highlighting significant gold intercepts that suggest strong potential for resource expansion and underground mining operations. The company’s recent exploration activities have resulted in a 15% increase in the Ore Reserve Estimate at Karlawinda, signaling an upward trend in gold reserves despite mining depletion. With further drilling programs planned, Capricorn Metals is poised for continued growth in its gold assets.
For further insights into AU:CMM stock, check out TipRanks’ Stock Analysis page.