Citigold Corporation Limited (AU:CTO) has released an update.
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Citigold Corporation Limited, an Australian gold mining firm, is poised to restart its high-grade Charters Towers Gold Project in northeast Australia, aiming to become a major, ultra-low-cost gold producer. The company has completed test mining, established its mine site, and is actively exploring its 175 square km territory to expand mineral resources. As part of their ongoing efforts, recent rock chip sampling has identified new gold anomalies, signaling potential for resource growth.
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