Riversgold Ltd. (AU:RGL) has released an update.
Riversgold Ltd announces the imminent commencement of a significant drilling program at their Northern Zone Gold Project near Kalgoorlie, aiming to establish a maiden JORC compliant gold resource. The company has secured two drill rigs for the operation that targets an exploration goal of up to 4.8 million ounces of gold, bolstered by recent successful capital raising efforts. Comparisons are drawn to Saturn Metals’ Apollo Hill Gold Project, suggesting a promising outlook for the Northern Zone’s potential.
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