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Astro Resources NL ( (AU:ASE) ) has provided an announcement.
Astute Metals NL has announced the completion of a successful drilling campaign at its Red Mountain Lithium Project in Nevada, revealing a significant 170.4 meters of lithium mineralization across multiple zones. The results, which include high-grade lithium intersections, bolster the project’s potential and position it as a standout among lithium clay projects in the USA. The company plans to use these findings to support a maiden Mineral Resource Estimate by the end of 2025, enhancing its strategic positioning in the lithium market.
More about Astro Resources NL
Astute Metals NL is a company operating in the mining industry, focusing on the exploration and development of lithium resources. Their primary project is the Red Mountain Lithium Project located in Nevada, USA, where they aim to establish a significant lithium resource.
Average Trading Volume: 258,357
Technical Sentiment Signal: Sell
Current Market Cap: A$13.6M
See more data about ASE stock on TipRanks’ Stock Analysis page.