Citigold Advances Gold Mine Restart and Exploration

Citigold Corporation Limited (AU:CTO) has released an update.

Citigold Corporation Limited is actively working towards the reopening of the high-grade Charters Towers Gold Project in northeast Australia, with ongoing optimization of mine design and engineering processes. Despite the wet season’s impact on exploration activities, plans are underway for a post-season intensive exploration program. The company aims to become an ultra-low-cost gold producer, targeting over 300,000 ounces annually, while emphasizing environmental harmony and profitability for shareholders.

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