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Citigold Corporation Limited ( (AU:CTO) ) has issued an announcement.
Citigold Corporation Limited is working towards restarting its high-grade Charters Towers Gold Mine, having previously completed a successful test mining phase. During the latest quarter, the company continued its exploration efforts by issuing landholder entry notices and conducting site inspections, although fieldwork was scaled back due to the wet season. The mineral resources and ore reserves remain unchanged as the company prepares for future exploration programs to enhance its resource base.
More about Citigold Corporation Limited
Citigold Corporation Limited is an Australian gold exploration and development company focused on the Charters Towers Gold Project in northeast Australia. The company aims to become an ultra-low-cost gold producer, leveraging state-of-the-art technologies to produce over 300,000 ounces of gold per annum while harmonizing operations with the local environment.
YTD Price Performance: 0%
Average Trading Volume: 5,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.48M
For detailed information about CTO stock, go to TipRanks’ Stock Analysis page.
