NYSE:AUMetals and Mining
AngloGold Ashanti Expands Nevertire Exploration As Valuation Gap Persists
AngloGold Ashanti (NYSE:AU) and joint venture partner Kincora Copper have expanded exploration at the Nevertire and Nevertire South projects after positive initial drilling results.
The companies are increasing the prospective strike length in the area and ramping up geophysical surveys and further drilling activity.
The move follows Phase 1 work that returned encouraging data, prompting a wider exploration program targeting copper and gold potential.
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