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The latest announcement is out from Tambourah Metals Ltd ( (AU:TMB) ).
Tambourah Metals Ltd has secured $3 million through a strategic placement with Tribeca Investment Partners, a globally recognized resource investment fund, to bolster its exploration efforts at Beatty Park South. This investment, combined with existing cash reserves, will support the acceleration of exploration and development activities, including expanding drilling operations over the Beatty Park surface gold anomaly, marking a significant advancement in the company’s growth strategy.
More about Tambourah Metals Ltd
Tambourah Metals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources, particularly gold. The company is actively engaged in exploration programs to discover and develop new gold deposits, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 3,319,278
Technical Sentiment Signal: Buy
Current Market Cap: A$7.18M
See more insights into TMB stock on TipRanks’ Stock Analysis page.