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3D geophysical modelling has confirmed the alteration system and structures at the Dobroyde gold deposit are open at depth, which could potentially increase gold resources. Arc Exploration has also found chargeability and resistivity anomalies that may indicate a buried mineralised intrusion, possibly a porphyry copper-gold system.
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US stocks settled lower on Tuesday as geopolitical fears arose after the US began airstrikes in Syria targeting Islamic State militants, while the mood was also dampened by weak European data.