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Metals Australia Ltd ( (AU:MLS) ) has issued an update.
Metals Australia Ltd has commenced a drilling program to explore mineralized extensions of its high-grade vanadium-titanium-magnetite (VTM) discovery in the Murchison region of Western Australia. The program aims to define the dimensions and grade of the mineralization, potentially unlocking further zones and advancing the project for more detailed assessment. Initial metallurgical tests have yielded promising results, with two high-grade products showing strong market potential. The successful outcome of this drilling could enhance the company’s project portfolio and provide significant value to stakeholders.
More about Metals Australia Ltd
Metals Australia Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include vanadium, titanium, magnetite, zinc, copper, and silver. The company holds significant interests in mining licenses in the Murchison region of Western Australia and is actively involved in evaluating high-grade vanadium-titanium-magnetite discoveries.
Average Trading Volume: 750,294
Technical Sentiment Signal: Buy
Current Market Cap: A$21.95M
For detailed information about MLS stock, go to TipRanks’ Stock Analysis page.