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Halcones Precious Metals Corp ( (TSE:HPM) ) has provided an announcement.
Halcones Precious Metals Corp has initiated a legal process to secure surface access to its Polaris Project in Chile after unsuccessful negotiations with surface rights holders. This move is crucial for the company to proceed with diamond drilling and further exploration activities, which are essential for assessing the project’s potential. The company has also extended its option agreement deadlines with Austral Exploraciones SpA to allow more time for drilling and resource estimation. The Polaris Project is highly prospective, with historical artisanal mining and recent sampling indicating significant gold mineralization, making it a key focus for Halcones’ future exploration efforts.
More about Halcones Precious Metals Corp
Halcones Precious Metals Corp is a company operating in the mining industry, focusing on precious metals exploration. Its primary project, the Polaris Project, is a large gold exploration initiative located in Northern Chile, a region known for its mining-friendly environment.
Average Trading Volume: 120,469
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$11.55M
See more insights into HPM stock on TipRanks’ Stock Analysis page.