Riversgold Ltd. (AU:RGL) has released an update.
Riversgold Ltd. is advancing to the next phase of drilling at the Northern Zone Gold Project near Kalgoorlie, Western Australia, aiming to establish a JORC Compliant Mineral Resource Estimate. Recent drill results have confirmed significant gold mineralization, with the company comparing the project’s potential to Saturn Metals Limited’s Apollo Hill Gold Project. The Northern Zone boasts an Exploration Target of up to 250 million tonnes at grades between 0.4 g/t to 0.6 g/t gold, indicative of a large-scale gold resource.
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