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Cavalier Resources Limited ( (AU:CVR) ) has shared an announcement.
Cavalier Resources Limited announced the completion and submission of all necessary approvals for the commencement of mining Stage 1 at the Crawford Gold Project, marking a significant milestone in its operations. The project is expected to generate substantial cash flows, given the current high gold prices, and the company is now focusing on funding agreements, process plant designs, and procurement, while continuing consultations with traditional owners.
More about Cavalier Resources Limited
Cavalier Resources Limited operates in the mining industry, focusing primarily on gold exploration and production. The company is involved in advancing projects like the Crawford Gold Project, aiming to capitalize on the lucrative gold market, particularly given the high spot prices of gold.
YTD Price Performance: -33.00%
Average Trading Volume: 107,153
Technical Sentiment Consensus Rating: Buy
For detailed information about CVR stock, go to TipRanks’ Stock Analysis page.
