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Anax Metals Limited ( (AU:ANX) ) has provided an announcement.
Anax Metals Limited has applied for a new exploration license covering the Whim Creek greenstone belt and Mallina basin, significantly expanding its land package by 207 square kilometers. This strategic move positions Anax closer to De Grey Mining’s Toweranna deposit and enhances its exploration potential in a region known for gold and base metal resources. The company aims to begin exploration activities once the tenement is granted, which will further bolster its presence and prospects in these highly prospective areas.
More about Anax Metals Limited
Anax Metals Limited is a mining company operating in the Pilbara region of Western Australia. The company focuses on exploring and developing gold and base metal resources, with a significant interest in the Whim Creek greenstone belt and the Mallina basin.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €5.8M
Find detailed analytics on ANX stock on TipRanks’ Stock Analysis page.