Caprock Mining Corp (TSE:CAPR) has released an update.
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Caprock Mining Corp. has signed a letter of intent to acquire the Destiny Gold Project in Quebec, a region known for its gold deposits. The Destiny property, with established gold resources and significant expansion potential, positions Caprock to capitalize on the rising gold market. The company’s CEO anticipates a substantial increase in gold resources reflecting current market prices, as opposed to the 2011 estimates.
For further insights into TSE:CAPR stock, check out TipRanks’ Stock Analysis page.