Palisades Goldcorp Ltd. (TSE:PALI) has released an update.
Palisades Goldcorp Ltd. has announced that their investee, New Found Gold Corp., has achieved promising results from metallurgical testing at the Queensway project, with gold extraction rates between 90% to 96%. This testing forms part of the 2023 Phase I program on the fully owned Newfoundland and Labrador site. Palisades, a resource investment company, continues its strategy to support junior companies in the resource sector, holding a significant 24.65% interest in New Found.
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