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Noronex Ltd. ( (AU:NRX) ) has issued an announcement.
Noronex Limited has announced the completion of its diamond drilling program at the Fiesta Copper Project in Namibia, revealing multiple mineralised zones. The final diamond drill hole confirmed wide zones of copper mineralisation, and a new 7,000m Reverse Circulation drilling program is set to commence. This development, funded by South32, aims to explore recently granted tenements and unlock the project’s full potential, potentially enhancing Noronex’s position in the copper mining sector.
More about Noronex Ltd.
Noronex Limited is a company operating in the mining industry, primarily focusing on copper exploration. The company is engaged in projects located in Namibia, with a significant interest in the Fiesta Copper Project. Noronex collaborates with South32 Limited under an earn-in agreement to further its exploration efforts.
Average Trading Volume: 682,173
Technical Sentiment Signal: Buy
Current Market Cap: A$8.48M
Learn more about NRX stock on TipRanks’ Stock Analysis page.