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Cosmo Metals Launches Maiden Drilling Program at Bingara Project

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Cosmo Metals Launches Maiden Drilling Program at Bingara Project

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An announcement from Cosmo Metals Limited ( (AU:CMO) ) is now available.

Cosmo Metals Limited has commenced its maiden drilling program at the Spring Creek prospect within the Bingara Project in New South Wales. This initiative marks the first drilling activity at the site since the mid-1990s and aims to explore high-grade gold intersections and potential feeder zones. The program consists of up to 13 reverse circulation drill holes, targeting both previous shallow intersections and untested extensions of mineralization. This development is a significant milestone for Cosmo Metals as it seeks to unlock the potential of the Bingara Project, which is strategically located along the regional Peel Fault, known for its gold, antimony, and copper prospects.

More about Cosmo Metals Limited

Cosmo Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets gold, antimony, and copper, with a significant emphasis on projects located in New South Wales, Australia.

Average Trading Volume: 775,369

Technical Sentiment Signal: Buy

Current Market Cap: A$10.83M

See more data about CMO stock on TipRanks’ Stock Analysis page.

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