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Mitre Mining Corporation Limited ( (AU:ASL) ) just unveiled an update.
Andean Silver Ltd has reported a significant increase in its mineral resource estimate for the Cerro Bayo Silver-Gold Project in Chile, with a rise of over 80% to 91Moz AgEq. This development underscores the company’s strategic focus on expanding its resource base and enhancing its positioning within the precious metals mining sector. The announcement reflects positively on Andean Silver’s exploration capabilities and potential future output, likely impacting stakeholders by increasing confidence in the company’s operational growth and long-term prospects.
More about Mitre Mining Corporation Limited
YTD Price Performance: 44.44%
Average Trading Volume: 809,851
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$185M
See more insights into ASL stock on TipRanks’ Stock Analysis page.