• Riversgold reports more impressive gold grades at Northern Zone

  • Aug 28 2024
  • Duración: 6 m
  • Podcast

Riversgold reports more impressive gold grades at Northern Zone

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  • Riversgold Ltd (ASX:RGL) chairman David Lenigas discusses the latest assay results from the Northern Zone Intrusive Hosted Gold Project, located 25 kilometres east-south-east of the Kalgoorlie Super Pit in Western Australia. Lenigas expressed enthusiasm about the recent drilling results, which exceeded the company’s expectations. He highlighted the discovery of a high-grade supergene zone with grades ranging from 2 to 5 grams of gold per tonne, starting at about 30 meters in depth. Lenigas also discussed the project's strategic location near Kalgoorlie, emphasising its excellent logistics, access to third-party processing plants, and proximity to other active operations like Black Cat Syndicate. He shared that Riversgold is planning further drilling, targeting additional JORC resources, with the goal of commencing a high-grade open pit operation. "With the Aussie dollar gold price now at $3,700 an ounce, we’re very excited about the potential of this project," Lenigas said, reinforcing the company's positive outlook on the gold market. Don't miss out on more updates and insights—visit Proactive’s YouTube channel for additional videos. Don't forget to like this video, subscribe to the channel, and enable notifications for future content. #Riversgold #GoldMining #Kalgoorlie #NorthernZone #DavidLenigas #GoldExploration #GoldPrice #MiningInvesting #JORC #ProactiveInvestors #GoldAssay #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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