KO Gold Launches Major Gold Exploration Effort

KO Gold, Inc. (TSE:KOG) has released an update.

KO Gold Inc. has been granted a 5-year exploration permit for the historic Carrick Goldfield in New Zealand, and is launching an extensive exploration and drilling program across its Otago District permits. This initiative, which includes immediate drilling plans targeting gold mineralization and potential drilling targets identification, is backed by a C$3M exploration budget. The company aims to uncover significant gold deposits, drawing comparisons to nearby Santana Minerals Ltd.’s gold resource.

For further insights into TSE:KOG stock, check out TipRanks’ Stock Analysis page.