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As volatility has steadily increased this year, seeing increasingly large rebounds from $.25, I’m curious to see if $RNCH.v will start to make a big swing in the coming days.
The company recently announced a summary of the inaugural drill program at the Santa Daniela project, stating substantial near-surface drill results. Results included:
4 g/t Au over 31.5 meters
1.2 g/t Au over 21.2 meters
1.2 g/t Au over 15.6 meters
1.1 g/t Au over 21 meters
The volumes aren’t the most staggering results I’ve seen as of late, however the consistency over the drill lengths is definitely intriguing.
Phase 2 drill program planning is currently underway for the project, and $RNCH.v is aiming to identify new drill targets to further expand its understanding of the mineralized zones by year-end.
$RNCH.v is currently trading at $.26 and is valued at an MC of $17.09M.
https://ceo.ca/@nasdaq/ranchero-gold-provides-summary-of-successful-inaugural
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