Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An update from BMEX Gold ( (TSE:RTE) ) is now available.
Route 109 Resources Inc. has announced the initiation of a 3,000 to 4,000 meter drill program at its Dunlop Bay project, focusing on Volcanic Massive Sulphide (VMS) and gold mineralization. This exploration effort includes an electromagnetic borehole survey to support modeling of new conductive plates, enhancing the understanding of potential VMS deposits. The program aims to test historical VMS showings at Dunlop Bay North, where previous data indicated significant zinc and copper mineralization. By targeting new electromagnetic plate conductors not intersected in past drilling, Route 109 seeks to unlock further mineral resource potential, potentially strengthening its position in the mineral exploration sector.
More about BMEX Gold
YTD Price Performance: 353.33%
Average Trading Volume: 357
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.11M
Learn more about RTE stock on TipRanks’ Stock Analysis page.
