CGN Resources Ltd. (AU:CGR) has released an update.
CGN Resources Ltd. has completed a significant diamond drill hole at 708m depth in the Surus target and is advancing with RC drilling at nickel and rare earth elements (REE) targets within their Webb Project. Located in a mineral-rich yet underexplored region of Western Australia, the project sits among major mining players and has already uncovered Australia’s largest kimberlite field. The company eagerly anticipates a full $220k EIS funding grant in June to further support their exploration endeavors.
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