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Celsius Resources ( (AU:CLA) ) has provided an update.
Celsius Resources Limited has announced promising results from its ongoing drilling program, revealing high-grade copper and gold intercepts. The program, aimed at enhancing geo-technical and hydro-geological data, supports the company’s confidence in the MCB Project’s potential value. The feasibility study update is progressing well, with over 60% completion, and the company anticipates releasing an updated Mineral Resource Estimate and JORC Ore Reserve Statement by December. These developments are expected to strengthen Celsius Resources’ position in the mining sector and provide value to investors and stakeholders.
More about Celsius Resources
Celsius Resources Limited is a company involved in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include copper and gold, with a significant market focus on the MCB Project in the Philippines through its affiliate, Makilala Mining Company, Inc.
YTD Price Performance: 27.27%
Average Trading Volume: 10,175,271
Technical Sentiment Signal: Hold
Current Market Cap: A$43.9M
For detailed information about CLA stock, go to TipRanks’ Stock Analysis page.