Gold Road Resources Ltd ( (AU:GOR) ) has provided an announcement.
Gold Road Resources Ltd has announced initial results from its Gruyere underground drilling program, which aims to confirm the extension of the ore body at depth. The results from 13 infill drillholes indicate the quality and continuity of the ore body, suggesting potential for profitable underground mining. This development could extend the life of the Gruyere gold mine beyond 2032, potentially adding significant value for shareholders.
More about Gold Road Resources Ltd
Gold Road Resources Ltd is a company operating in the gold mining industry, primarily focused on the exploration and development of gold resources. The company is involved in a joint venture with Gruyere Mining Company Pty Ltd, part of the Gold Fields Ltd group, to manage and operate the Gruyere gold mine.
YTD Price Performance: 40.0%
Average Trading Volume: 1,224
Technical Sentiment Signal: Sell
Current Market Cap: $1.93B
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