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The latest announcement is out from Metal Bank Limited ( (AU:MBK) ).
Metal Bank Limited has signed a binding agreement with Hastings Technology Metals Ltd for the acquisition of its gold assets, valued at $2.3 million. This acquisition includes interests in several gold projects in Western Australia, enhancing Metal Bank’s strategic positioning in the region. The company has commenced drilling at the Seven Leaders prospect within the Whiteheads Project and is progressing with a scoping study for the Livingstone deposits, indicating a robust pipeline of exploration and development activities.
More about Metal Bank Limited
Metal Bank Limited is a company operating in the mining industry, primarily focusing on gold exploration and development. The company is engaged in acquiring and developing gold assets, with a market focus on projects in Western Australia.
Average Trading Volume: 491,277
Technical Sentiment Signal: Buy
Current Market Cap: A$9.95M
See more data about MBK stock on TipRanks’ Stock Analysis page.