AuMEGA Metals Ltd CEO Sam Pazuki talked with Proactive about why the market may be underestimating the value of the company’s Cape Ray Project in southwestern Newfoundland, highlighting both its established gold resource base and growing exploration upside.
Pazuki said Newfoundland is emerging as an increasingly important gold jurisdiction, supported by the Valentine gold mine now in production nearby. He noted that Equinox Gold, which owns and operates Valentine, continues to make new discoveries along the same geological structure, reinforcing the prospectivity of the region where AuMEGA Metals holds one of the largest land packages.
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