Australian Potash Limited ( (AU:APC) ) has issued an update.
APC Minerals Limited has announced the commencement and completion of a 2,628-meter drilling program at the Laverton Downs Gold Project, with results pending. The company is also rationalizing its Lake Wells Gold Project to reduce costs and is exploring potential joint ventures or sales. Additionally, APC has executed a rights offer to raise $1.93 million and issued shares to settle an acquisition. The company is committed to minimizing non-exploration expenses and continues to assess new opportunities in the Eastern and north-Eastern Goldfields.
More about Australian Potash Limited
APC Minerals Limited is a company operating in the mining industry, primarily focusing on gold exploration and development. The company is involved in several projects, including the Laverton Downs Gold Project, Lake Wells Gold Project, and Nexus Project, all located in Western Australia. APC Minerals is strategically positioned in prolific gold-producing regions and is actively seeking new project opportunities while managing non-core assets to minimize costs.
YTD Price Performance: -9.09%
Average Trading Volume: 1,141,197
Technical Sentiment Signal: Buy
Current Market Cap: A$2.64M
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