ACDC Metals Ltd (AU:ADC) has released an update.
ACDC Metals Ltd has announced substantial heavy mineral sand discoveries at their Douglas and Watchem North projects in Victoria, with high-grade assay results that rival nearby mined resources. The company’s successful drilling campaigns have confirmed new strandline deposits, including a high-grade 9km strike at Venice Beach Strandline. With a strong cash position of $3.59M AUD and no debt, ACDC Metals is well-positioned to advance their projects and seek new opportunities.
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