Britain

MetalNRG surges as it begins sampling programme at Gold Ridge

MetalNRG PLC (LON:MNRG) has kicked off a pillar gold sampling programme at its Gold Ridge project in Arizona.

In an announcement on Thursday afternoon, the natural resource investor said the programme was on schedule and it is aiming to confirm results in September from a sample taken from a boulder on the side of the projects waste dump that showed 115 ounces per tonne of gold.

WATCH: MetalNRG focused on monetising flagship Gold Ridge asset while assessing other opportunities

As a result of the “very high grade” result from the sample, MetalNRG said it has decided to implement a fast track review to confirm gold mineralisation at the project, which it said, “may provide an additional, potentially significant and relatively near term revenue opportunity”.

“The ultra high grade sample from the pillar boulder, at 115 ouncRead More – Source

Related Posts