Tower Initiates 2024 Drill Plan [Yahoo! Finance]
New Gold Inc. (NGD)
NASDAQ:AMEX Investor Relations:
newgold.com/investors
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Source: Yahoo! Finance
the commencement of the 2024 drilling season at its Rabbit North property. The property is located in the Kamloops mining district and positioned between New Gold's New Afton underground copper-gold mine and Teck's Highland Valley open-pit copper-molybdenum mine. The first phase of drilling will target prime gold and porphyry copper-gold zones within the Lightning, Thunder, and Rainbow zones. Joe Dhami, President and CEO of Tower, expressed enthusiasm for the project, highlighting the exploration team's success in identifying three distinct zones with only 6,700 meters of drilling. The multi-phase drill program aims to explore the resource potential of this under-explored property throughout 2024, with the first phase expected to conclude in July, followed by subsequent phases in the summer and fall. Additionally, a follow-up program is planned for the More Creek property in the Golden Triangle to build upon promising sampling results from the 2023 fall program at Arrow Creek. Arr
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NGD
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- 4/30/24 - Beat
NGD
Sec Filings
- 6/26/24 - Form SD
- 6/4/24 - Form 6-K
- 5/30/24 - Form 6-K
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