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Connected IO ( (AU:CML) ) has issued an update.
Connected Minerals Limited has announced the commencement of Phase 2 of its Reverse Circulation drilling program at the Etango North-East Uranium Project in Namibia. This phase will involve 18 holes totaling 2,800 meters, following the successful Phase 1 results where 14 out of 15 holes delivered economic uranium grades. The program aims to further explore and define the mineralization at the Ondapanda Prospect, with drilling set to begin in mid-late August 2025. The continuation of this project is expected to enhance the company’s position in the uranium market and provide significant insights into the potential of the Etango North-East site.
More about Connected IO
Connected Minerals Limited is a company operating in the mining industry, focusing on uranium exploration. The company is primarily engaged in the development of the Etango North-East Uranium Project in Namibia.
Average Trading Volume: 59,041
Technical Sentiment Signal: Sell
Current Market Cap: A$7.29M
For an in-depth examination of CML stock, go to TipRanks’ Overview page.