CGN Resources Identifies Promising Targets at Webb Project
Company Announcements

CGN Resources Identifies Promising Targets at Webb Project

CGN Resources Ltd. (AU:CGR) has released an update.

CGN Resources Ltd. has identified 11 promising gravity anomalies at its Webb Project, signaling high potential for significant mineral deposits such as carbonatite and iron-oxide-copper-gold (IOCG). The company used advanced airborne gravity and magnetic surveys to pinpoint these targets, which share characteristics with nearby niobium-rich carbonatites. With these findings, CGN Resources is set to advance its exploration efforts, aiming to capitalize on the region’s unexplored potential.

For further insights into AU:CGR stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App