Aeris Resources Limited (AU:AIS) 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
Aeris Resources Limited has announced significant exploration and drilling updates across its Tritton, Cracow, and Jaguar operations with aims to upgrade mineral resources and discover new gold-bearing structures. The company is progressing with a 15,000m in-fill drill program at the Constellation deposit and plans to commence drilling at the newly identified ‘Western Frontier’ corridor. Executive Chairman Andre Labuschagne emphasizes the importance of exploration in adding long-term value to the company, despite challenges faced in FY24.
For further insights into AU:AIS stock, check out TipRanks’ Stock Analysis page.