🟡 Optimistic Gold Miner Aims to Start Drilling Soon in Central Otago
A Canadian-based exploration company KO Gold says it hopes to begin drilling for gold in Central Otago, New Zealand, within the next few months, amid growing interest in the region’s rich gold potential.
Key Facts:
🪙 Exploration plans: KO Gold holds multiple permits covering nearly 972 sq km and wants to begin drilling soon to test for gold deposits.
📈 Strong indicators: Company leadership says geological signs suggest the area could be highly prospective — potentially similar to other major local deposits.
💼 Funding move: KO Gold is selling up to CA$2.24 million in shares to help fund its exploration and drilling programs.
Expert Insight:
Central Otago is emerging as a hotspot for gold exploration, with multiple firms staking claims and preparing to drill — potentially unlocking new discoveries and investment opportunities.
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