CGN Resources Limited (ASX: CGR) is advancing high-potential gold and base metal projects across Western Australia, positioning itself as a key player in the exploration sector. The Webb Project in the West Arunta has identified exceptional gold, IOCG, and critical metal targets, with drilling set to begin in April 2025. The Shep, Kandula, and Elmar targets have strong geochemical and geophysical anomalies, indicating significant mineralization potential.
In addition, CGN’s newly acquired Christmas Well Project, located in the gold-rich Gwalia Shear Zone, presents highly prospective gold targets. With proximity to world-class deposits like Sons of Gwalia (>8Moz) and Tarmoola (>4Moz), Christmas Well’s underexplored terrain offers a significant opportunity. Multiple +1g/t gold intercepts highlight the potential for resource expansion. With drilling approvals secured, exploration ramping, and strategic land acquisitions progressing, CGN Resources is well-positioned to unlock significant value.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
