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An update from Burley Minerals Ltd. ( (AU:BUR) ) is now available.
Burley Minerals Ltd has announced a restructuring of its Board, reducing its size from five to three directors following the resignation of Non-executive Director Jeff Brill. Despite this change, Burley continues to prepare for its maiden drill program at the Cane Bore Iron Project, scheduled to begin in March 2025. This move is expected to streamline operations while maintaining the company’s strategic focus on its iron ore projects in the Hamersley Province, enhancing its position in the global iron ore market.
More about Burley Minerals Ltd.
Burley Minerals Ltd (ASX: BUR) is an ASX-listed minerals exploration company based in Perth, focused on iron ore and lithium projects in Western Australia and Quebec, Canada. The company operates the Cane Bore and Broad Flat Well Iron Ore Projects in the Hamersley Iron Ore Province, and holds a 70% interest in the Yerecoin Iron Ore Project. Additionally, Burley has 100% ownership of the Chubb Lithium Project in Quebec, a highly prospective site with significant lithium resources.
YTD Price Performance: -30.0%
Average Trading Volume: 132,623
Technical Sentiment Consensus Rating: Buy
See more insights into BUR stock on TipRanks’ Stock Analysis page.