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Adelong Gold (ASX: $ADG) commences phase 2 exploration in Brazil

Adelong Gold (ASX: $ADG) Phase 2 Exploration Commences in Brazil


Adelong Gold Limited (ASX: $ADG) has announced the commencement of Phase 2 exploration activities at the Paraiba tenements in Brazil. The exploration will focus on the collection of stream sediment and rock chip samples to enhance the understanding of the mineral potential in the region.

Adelong Gold's Managing Director, lan Holland, on Phase 2 Exploration


We are excited to commence Phase 2 of our exploration at the Paraiba Tenements. The initial findings, along with those of some of our neighbours, have been very promising. This next phase will allow us to further evaluate the potential of this region. Our goal is to unlock significant value from these tenements and contribute to the growth of Adelong Gold.

Phase 2 Exploration and Future Prospects


Adelong Gold (ASX: $ADG) has initiated Phase 2 exploration activities at the Paraiba tenements in Brazil, aiming to enhance the understanding of the mineral potential in the region. The company's goal is to unlock significant value from these tenements and contribute to its growth. The exploration campaign will focus on stream sediment and rock chip sampling to delineate areas of interest and assess the mineralization potential, particularly focusing on lithium pegmatites. Upon completion, the collected samples will guide the subsequent exploration steps, demonstrating the company's commitment to advancing the Paraiba tenements and unlocking their full potential.

ADELONG GOLD LIMITED
ADG | ASX | Materials
0.006-0.001(-14.29%)
At close 05/07 (AEDT)
Market cap
$7.8M
Volume
1,891,655
DY Yield
0
PE Ratio
0
52 Week Range
0.003 - 0.012
1YR Return
-70%

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