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Mount Hope Mining Ltd. ( (AU:MHM) ) has shared an announcement.
Mount Hope Mining Limited has significantly expanded its landholding in the Cobar Basin, New South Wales, with the acquisition of a new exploration licence, increasing its area from 175km² to 422km². This strategic move enhances the company’s exploration potential along the Scotts Craig Fault, a key geological structure for mineralisation, aligning with its objective to consolidate a strong exploration position in the region. The expansion is expected to bolster Mount Hope Mining’s strategic positioning within the industry and potentially deliver increased shareholder value.
More about Mount Hope Mining Ltd.
Mount Hope Mining Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company primarily targets Cobar-style polymetallic mineralisation within the Cobar Basin in New South Wales, Australia.
Average Trading Volume: 47,301
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