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Hey folks,
Some interesting news for Advanced Gold Exploration (AUHIF, AUHI.CN) and their Buck Lake property. The company just announced a successful private placement raising $0.7 million [referencing company press release]. This is a positive sign, as the funds will be used to ramp up exploration at Buck Lake.
Here's the interesting thing: Buck Lake hasn't seen much exploration historically, with just a single drill hole ever completed. However, a geophysical survey identified a promising 2-kilometer anomaly potentially linked to VMS deposits [referencing company press release]. This is definitely something to keep an eye on!
With fresh funds and a promising target, what are you most interested in seeing from Advanced Gold's exploration efforts at Buck Lake? Are you hoping for confirmation of the VMS potential?
For those who want to dig deeper into Advanced Gold Exploration, they're featured in this week's Analyst Ideas report under the "Resource Companies Under Coverage" section: https://www.researchfrc.com/content/analyst-ideas/post/109/hot-streak-for-ai-stocks-gold-miners-lag-mixed-bitcoin-outlook-
This report also covers developments with North Peak, Aton Resources, and Fortune Minerals. So it's a great way to stay up-to-date on the whole resource sector.
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