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Western Yilgarn Secures Funding to Advance Bauxite Projects

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Western Yilgarn Secures Funding to Advance Bauxite Projects

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Pacific Bauxite Limited ( (AU:WYX) ) just unveiled an announcement.

Western Yilgarn Limited has secured $698,000 through a placement of shares to fund exploration and metallurgical testwork at its key projects, including Julimar West and New Norcia. This funding will support the company’s efforts to advance its bauxite-gallium projects, potentially enhancing its market position in the bauxite mining sector.

More about Pacific Bauxite Limited

Western Yilgarn Limited is a company operating in the mining industry, focusing primarily on the exploration and development of bauxite and gallium resources. The company is involved in several projects, including the Julimar West Project, Cardea Projects, and the New Norcia Bauxite-Gallium Project, which are part of its expanding bauxite portfolio.

Average Trading Volume: 193,954

Technical Sentiment Signal: Buy

Current Market Cap: A$5.71M

See more insights into WYX stock on TipRanks’ Stock Analysis page.

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