Armadale Capital (GB:ACP) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Armadale Capital Plc has announced high-grade silver and lead assays from the Canyon Silver mine’s historic shafts, revealing up to 1010 g/t silver and 18% lead, signaling a strong future for the site’s exploration and development. With modern techniques enhancing the mine’s historical data, the company expects the reopened tunnels to significantly boost the project’s potential, especially as silver prices hover around $29 per ounce. Additionally, the majority of the funds from a recent £650,000 subscription to support the mine’s development have been received, promising further progress updates soon.
For further insights into GB:ACP stock, check out TipRanks’ Stock Analysis page.