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Celsius Resources Advances MCB Project with Promising Drilling Results

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Celsius Resources Advances MCB Project with Promising Drilling Results

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Celsius Resources ( (AU:CLA) ) has issued an announcement.

Celsius Resources is advancing its Maalinao-Caigutan-Biyog Copper-Gold Project towards operational readiness, with significant progress in the Feasibility Study and Front-End Engineering Design (FEED). Recent drilling results have shown promising high-grade copper mineralization, which supports the project’s economic potential. Financial backing from Maharlika Investment Corporation is aiding in these developments, and the updated project plans are expected to enhance efficiency and economic outcomes.

More about Celsius Resources

Celsius Resources Limited is a company engaged in the mining industry, focusing on the exploration and development of copper and gold projects. The company is actively working on the Maalinao-Caigutan-Biyog Copper-Gold Project in the Philippines through its affiliate, Makilala Mining Company, Inc.

YTD Price Performance: 18.18%

Average Trading Volume: 7,592,129

Technical Sentiment Signal: Sell

Current Market Cap: A$40.76M

Find detailed analytics on CLA stock on TipRanks’ Stock Analysis page.

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