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AuMEGA Metals Provides Strategic Update on Cape Ray District Growth
Key HighlightsEstablished gold mineral resource provides a strong technical and valuation foundation for growth, completed in 20231 using a gold price assumption of US$1,750/oz.Indicated: 6.2 Mt at 2.25 g/t gold for 450,000 ozInferred: 3.4 Mt at 1.44 g/t gold for 160,000 ozAssessing the potential for a mineral resource update incorporating improvements such as higher gold prices, additional drilling, re-logging of historic drill core, refined geological interpretation, and inclusion of silver,..
About this update from Aumega Metals Ltd
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