Wanguo International Expands Gold Resources at Gold Ridge

Wanguo International Mining Group Ltd. (HK:3939) has released an update.

Wanguo International Mining Group Ltd. has significantly expanded its mineral resources at the Gold Ridge Mine, with total resources increasing from 72 million tonnes to 196 million tonnes of gold. The company’s effective interest in the mine has also increased to 88.2% after acquiring additional stakes. The ongoing improvements and feasibility study revisions suggest promising economic prospects, especially with the rising gold price forecast.

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