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An announcement from Albion Resources Ltd. ( (AU:ALB) ) is now available.
Albion Resources Limited has announced the acquisition of the Yandal West Gold Project from Great Western Exploration Limited, comprising three tenements in the Yandal Greenstone Belt, a region known for its rich gold deposits. This strategic acquisition, contingent upon shareholder approval, positions Albion to explore high-grade targets like the Barwidgee Fault, which has shown promising assay results, enhancing Albion’s foothold in gold exploration and potentially benefiting its stakeholders by expanding its resource base and exploration opportunities.
More about Albion Resources Ltd.
Albion Resources Limited is an Australian company operating in the mining industry, primarily focused on the exploration and development of gold projects. The company engages in acquiring and managing mining tenements with a market focus on high-grade gold targets within significant geological belts.
YTD Price Performance: 0%
Average Trading Volume: 167,416
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$3.34M
Find detailed analytics on ALB stock on TipRanks’ Stock Analysis page.
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