tiprankstipranks
Company Announcements

Entrée Resources Reveals Promising Drilling Results at Mongolian Deposits

Story Highlights
  • Entrée Resources focuses on copper, gold, and molybdenum exploration in Mongolia.
  • Recent drilling results show promising copper grades, suggesting further exploration potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Entrée Resources Reveals Promising Drilling Results at Mongolian Deposits

The latest update is out from Entree Gold ( (TSE:ETG) ).

Entrée Resources Ltd. announced the results of its drilling programs conducted between 2022 and 2024 at the Hugo North Extension and Heruga deposits in Mongolia. The results revealed promising copper equivalent grades, with some of the best outcomes since drilling resumed in 2022. The findings, particularly from the Heruga deposit, suggest further exploration is needed to fully understand its potential, impacting the company’s strategic positioning and stakeholder interests.

More about Entree Gold

Entrée Resources Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in copper, gold, and molybdenum projects, with a significant market focus on its joint venture property with Oyu Tolgoi in Mongolia.

YTD Price Performance: 6.96%

Average Trading Volume: 16,796

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $371.5M

For an in-depth examination of ETG stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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