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Hillgrove Resources Intersects Copper-Gold Mineralization at Depth at South Australia Mine

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Hillgrove Resources (ASX:HGO) intersected high-grade copper-gold mineralization at depth during the Kavanagh underground drilling activities at the Kanmantoo copper mine in South Australia, according to a Thursday Australian bourse filing.

It encountered intercepts of 14.5 meters at 2.02% grade of copper, 0.07 grams per tonne grade of gold, and 5.42 g/t grade of silver from 132.5 meters, as well as 11.8 meters at 1.99% grade of copper, 0.14 g/t grade of gold, and 5.4 g/t grade of silver from 177.25 meters.

The drilling is expanding the mineralized footprint beyond the current mineral resource estimate, Bob Fulker, Hillgrove's Chief Executive, said.

Its shares rose 2% in recent trading on Thursday.

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