Nubian Resources (TSE:NBR) has released an update.
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Nubian Resources Ltd. has announced the resurgence of its exploration activities at the Fosterville East Gold project, alongside a $600,000 non-brokered private placement to fund the project and provide working capital. The exploration will feature a comprehensive air-core drilling program to investigate gold and arsenic leader mineralization in an area known for its historical gold production. This move is fueled by recent gold and silver price increases and successes from neighboring projects in Victoria.
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