Nevada Exploration Inc (OTCMKTS:NVDEF) Stock Soars After Corporate Update
On May 4 Nevada Exploration Inc (OTCMKTS:NVDEF) came up with an update and it could be a good idea for investors to consider taking a look into it. The company announced that it had engaged the services of a number of experts for the purpose of conducting a thorough review, verification and compilation of its data which have been collected in a number of formats in the past twenty years.
Trading Data
On Thursday, NVDEF stock moved up 28.11% to $0.1800 with more than 5K shares, compared to its average volume of 30.94K shares. The stock moved within a range of $0.1800 – 0.1800 after opening trade at $0.1800.
Nevada Exploration Provides Corporate Update
The data in question include drill logs, assays, geological interpretations and hydrogeochemistry. Once the review is completed the team of experts at Nevada Exploration would generate and prioritize a number of targets for advancing in the field season of 2023.
Additionally, the company is also working on a review of the extensive land position that it holds in the state of Nevada and eventually, it would make a decision regarding the rationalization of any of the positions.
In the second quarter of 2022, the drilling at the company’s South Grass Valley project had stalled by the drill contractor Drill NV for a number of factors. The company noted yesterday that it was no sure if Drill NV could actually continue further drilling at the property.
