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Montreal-headquartered junior Algold Resources (CNV: ALG) is not alone among its peers in seeing its shares drift off course in the past month or so, though more drill results like the latest from the Eleanore South Zone at Tijirit in Mauritania should refocus investor attention on the development potential of the property, near Kinross Gold’s Tasiast mine.
Drilling at Tijirit in Mauritania
Algold said this week preliminary results from its new 25,000m drilling program at Tijirit continued to demonstrate the high-grade nature of the Eleonore zone and extend mineralised horizons in the
M&I resource up 340%
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