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CGN Resources Unveils Promising Gold Targets at Webb Project

Story Highlights
  • CGN Resources focuses on gold and base metal exploration using advanced geoscience.
  • Their UltraFine+ survey identified promising gold targets, supporting an upcoming drilling campaign.
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CGN Resources Unveils Promising Gold Targets at Webb Project

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CGN Resources Ltd. ( (AU:CGR) ) just unveiled an update.

CGN Resources Limited announced positive results from their UltraFine+ surface geochemistry program, revealing gold and IOCG pathfinder element enrichment across key targets in their Webb Project. These findings support the high-quality targets identified in a comprehensive targeting study, paving the way for drilling in April 2025. The results enhance the company’s exploration strategy, promising potential major discoveries and reinforcing their competitive positioning within the mineral exploration industry.

More about CGN Resources Ltd.

CGN Resources Limited, an exploration company, focuses on identifying and developing mineral deposits, with a particular emphasis on gold and base metals. The company employs advanced geoscience techniques, such as the UltraFine+ surface geochemistry, to target promising exploration sites within their Webb Project.

YTD Price Performance: 19.05%

Average Trading Volume: 81,976

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$8.26M

Learn more about CGR stock on TipRanks’ Stock Analysis page.

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