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ActivEX Limited ( (AU:AIV) ) has issued an update.
ActivEX Limited has secured an Exploration Permit for the Doonkuna tenement in Central Queensland, marking a significant step in its focus on rare earth elements (REE) exploration. The project targets the Westgrove Ironstone Member, a formation with substantial potential for REE mineralization, potentially enhancing the company’s portfolio and positioning in the REE sector. This strategic move may impact stakeholders by expanding exploration opportunities in an area without prior REE exploration, with plans for detailed studies and drilling to define targets.
More about ActivEX Limited
ActivEX Limited is a leader in mineral exploration, focusing on discovering high-value mineral resources. The company is dedicated to sustainability and innovation to provide enduring value for its shareholders and positively impact the communities where it operates.
Average Trading Volume: 320,143
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$1.72M
Learn more about AIV stock on TipRanks’ Stock Analysis page.
