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Zinc of Ireland NL ( (AU:ZMI) ) has issued an update.
Zinc of Ireland NL has commenced its maiden drilling program at the Mt Clere project in Western Australia, targeting the ‘Robin 21’ geophysical anomaly. This anomaly, characterized by significant magnetic and gravity signatures, remains untested at its core, offering a rare exploration opportunity in a region known for copper and base-metal deposits. The drilling aims to reach depths previously unexplored by BHP in the 1990s, potentially positioning Zinc of Ireland NL to uncover significant mineral resources and enhance its standing in the mining sector.
More about Zinc of Ireland NL
Zinc of Ireland NL is a company operating in the mining industry, focusing on the exploration and development of zinc and other base metals. The company is actively engaged in projects located in Western Australia, with a particular emphasis on large-scale geophysical anomalies.
YTD Price Performance: 40.0%
Average Trading Volume: 1,494,495
Technical Sentiment Signal: Buy
Current Market Cap: A$7.94M
For detailed information about ZMI stock, go to TipRanks’ Stock Analysis page.