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OceanaGold Advances Waihi North Project with Fast-Track Application and New Discoveries

Story Highlights
  • OceanaGold seeks fast-track approval for its Waihi North Project in New Zealand.
  • High-grade mineralization found at Wharekirauponga boosts OceanaGold’s resource potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OceanaGold Advances Waihi North Project with Fast-Track Application and New Discoveries

The latest announcement is out from OceanaGold ( (TSE:OGC) ).

OceanaGold has submitted an application for fast-track approval for its Waihi North Project in New Zealand, which includes the Wharekirauponga Underground. This move is expected to expedite the permitting process by the end of 2025, marking a significant milestone in the project’s development. The company also reported promising results from its exploration program at Wharekirauponga, with high-grade mineralization identified in several drill holes. These developments underscore OceanaGold’s commitment to expanding its resource base and enhancing its position in the gold mining industry.

More about OceanaGold

OceanaGold Corporation is a multinational gold producer with operations in New Zealand, the Philippines, and the United States. The company focuses on the exploration, development, and operation of gold and copper mines, aiming to deliver superior returns to stakeholders through sustainable mining practices.

YTD Price Performance: -5.86%

Average Trading Volume: 41,374

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.89B

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

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