Noronex Ltd. (AU:NRX) has released an update.
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Noronex Ltd. has announced a strategic alliance with South32, aiming to accelerate copper exploration in Namibia’s Kalahari Copper Belt. This partnership includes an initial investment of A$3M by South32 and potential spending of A$15M over five years for a 60% stake in the Humpback-Damara Project. Noronex has also secured a new uranium project and consolidated its ownership of the Snowball Copper Project, reinforcing its commitment to discovering new base metal deposits.
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