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The latest update is out from Astro Resources NL ( (AU:ASE) ).
Astro Resources NL has announced a significant lithium clay discovery at its Red Mountain site in Nevada, with high-grade lithium intercepts and promising metallurgical results indicating high leachability. The company aims to position this as one of the top four lithium clay projects in the USA. Additionally, potential copper-gold resources have been identified in the Georgina IOCG region of Australia, further enhancing their mineral portfolio. The company’s mineral sands project is supported by a substantial JORC resource, providing a de-risked asset with strong economic potential. These developments are part of Astro Resources NL’s strategy to create value through exploration and development in growing markets, underpinned by an experienced management team.
More about Astro Resources NL
Astro Resources NL operates in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include lithium, copper-gold, and mineral sands, with a strategic emphasis on high-demand markets such as lithium in Nevada, copper-gold in Australia, and valuable mineral sands resources.
YTD Price Performance: 6.67%
Average Trading Volume: 313,822
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$17.1M
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