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Megado Gold Advances Drilling and Streamlines Costs
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Megado Gold Advances Drilling and Streamlines Costs

Megado Gold Ltd. (AU:MEG) has released an update.

Megado Gold Ltd. is gearing up for its maiden drilling program at the North Fork Rare Earth Project, with permits expected in the third quarter of 2024 and a focus on high-grade areas previously identified. The company is also streamlining operations to reduce monthly expenditures by over A$35,000 and has welcomed Anthony Hall as an Executive Director. Additionally, Megado is exploring cost-effective options on the Cyclone Project and evaluating other projects emphasizing critical minerals.

For further insights into AU:MEG stock, check out TipRanks’ Stock Analysis page.

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