Accelerate Resources Ltd. (AU:AX8) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Accelerate Resources Ltd. reports promising results from its first drilling phase at the Prinsep Lithium Project, uncovering a significant lithium system with high-grade intercepts. The company is now focusing on defining high-grade targets for further exploration, buoyed by the addition of Mr. Mark Thompson to the Board and securing $707k in tax credits for shareholders, with a cash reserve of ~$1.95 million.
For further insights into AU:AX8 stock, check out TipRanks’ Stock Analysis page.