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Spartan Resources Strikes Gold and Secures Funding
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Spartan Resources Strikes Gold and Secures Funding

Gascoyne Resources Limited (AU:SPR) has released an update.

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Spartan Resources Ltd has reported significant high-grade gold discoveries, including a new find at the Pepper Prospect and the deepest assay yet from the Never Never Gold Deposit. The company has also announced an upcoming release of updated Mineral Resource Estimates and the commencement of an underground exploration drive in Q3 2024 to expand their mining capabilities. Additionally, they completed an $80 million capital raise to bolster their exploration and development activities.

For further insights into AU:SPR stock, check out TipRanks’ Stock Analysis page.

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