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An announcement from TDG Gold ( (TSE:TDG) ) is now available.
TDG Gold Corp. has updated its Mineral Resource Estimate (MRE) for the Shasta mine and Tailings Storage Facility #1, showing improved grades and a reduction in waste rock quantity. The updated MRE indicates a total of 515.8 thousand ounces of gold equivalent in the Indicated category and 505.5 thousand ounces in the Inferred category. The results highlight the potential for further exploration, particularly in the Newberry exploration target zone, which remains undrilled. This update reflects the company’s ongoing efforts to enhance resource quality and operational feasibility, potentially converting liabilities into assets and positioning TDG Gold for future growth opportunities.
More about TDG Gold
TDG Gold Corp. operates in the mining industry, focusing primarily on the exploration and development of gold and silver resources. The company is engaged in enhancing its mineral resource estimates, particularly for the Shasta gold-silver mine and related tailings facilities, with a strategic focus on its assets in British Columbia, Canada.
YTD Price Performance: 0.0%
Average Trading Volume: 109,274
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$20.37M
For a thorough assessment of TDG stock, go to TipRanks’ Stock Analysis page.