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The latest announcement is out from Aus Tin Mining Limited ( (AU:C7A) ).
Clara Resources Australia Ltd has sold a 28-hectare parcel of land within its Kildanga exploration tenement for $230,000. This sale does not affect Clara’s exploration rights on the tenement. The company is conducting a strategic review of the Kildanga Co-Ni-Au-Cu Project to explore potential divestment or partnership opportunities, driven by increased interest in critical minerals following a $13 billion deal between the USA and Australia. The review will not impact Clara’s other operational activities, and the company remains focused on maximizing shareholder value.
More about Aus Tin Mining Limited
Clara Resources Australia Ltd is involved in the exploration and development of mineral projects, focusing on polymetallic resources such as nickel, cobalt, copper, and gold. The company operates within the historically significant North D’Aguilar Belt in Queensland, Australia, and is strategically positioned near key infrastructure and export ports.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.39M
For an in-depth examination of C7A stock, go to TipRanks’ Overview page.