The latest announcement is out from Ongold Resources Ltd ( (TSE:ONAU) ).
ONGold Resources Ltd. has identified five new high-priority gold exploration targets at its Monument Bay project in Manitoba, acquired from Agnico Eagle Mines Limited. The company plans to focus its 2025 exploration efforts on these zones, leveraging modern techniques and collaborating with the Red Sucker Lake First Nation. The initiative marks a significant step in expanding ONGold’s gold resources and enhancing its industry positioning.
More about Ongold Resources Ltd
ONGold Resources Ltd. operates in the mining industry, focusing on gold exploration and development. The company owns the Monument Bay Gold project in northeastern Manitoba, which includes 136 mining claims over 31,250 hectares in the Stull Lake Greenstone Belt. ONGold also owns the Rapson Bay Gold project in Northwestern Ontario.
YTD Price Performance: -33.33%
Average Trading Volume: 10,820
Technical Sentiment Consensus Rating: Strong Buy
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