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The latest announcement is out from Golden Deeps Limited ( (AU:GED) ).
Golden Deeps Limited has successfully raised $3.54 million through an oversubscribed placement, which will be used to accelerate exploration at its Otavi Mountain Land Critical Metals Projects. The funds will support drilling and exploration at the Graceland Prospect, known for its high-grade mineralization, and will advance the company’s aggressive exploration program targeting ‘Tsumeb-type’ deposits. This capital injection is expected to enhance Golden Deeps’ operational capabilities and strengthen its position in the critical metals market.
More about Golden Deeps Limited
Golden Deeps Limited is a company operating in the critical metals industry, focusing on exploration and development projects. Its primary operations are centered around the Otavi Mountain Land Critical Metals Projects, where it targets high-grade deposits of copper, silver, zinc, lead, and germanium, among other metals.
Average Trading Volume: 1,047,816
Technical Sentiment Signal: Hold
Current Market Cap: A$14.7M
See more insights into GED stock on TipRanks’ Stock Analysis page.