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An update from Audalia Resources Limited ( (AU:ACP) ) is now available.
Audalia Resources Limited has announced an updated Mineral Resource Estimate (MRE) for its Medcalf Titanium-Vanadium Project, showing a 35% increase in the Indicated Mineral Resource tonnage to 20.3 million tonnes. This update, based on recent drilling and mineralisation interpretation, will be pivotal for the upcoming Ore Reserve estimation, potentially enhancing the project’s economic viability and positioning Audalia more competitively in the market.
More about Audalia Resources Limited
Audalia Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary project is the Medcalf Titanium-Vanadium Project located in Western Australia, which aims to produce high titanium lump ore for blast furnace refractory liner protection.
Average Trading Volume: 14,038
Technical Sentiment Signal: Buy
Current Market Cap: A$18.22M
See more insights into ACP stock on TipRanks’ Stock Analysis page.