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The latest update is out from Augustus Minerals Limited ( (AU:AUG) ).
Augustus Minerals Limited has announced an update on its Ti-Tree Project, specifically the Money Intrusion, which shows significant potential for copper, nickel, and platinum group elements. The project is contiguous with Dreadnought Resources Limited’s Money Intrusion Project, which recently entered a $15 million joint venture with Teck Resources Limited. Augustus plans to further explore the area through a moving loop electromagnetic survey and RC drilling, aiming to capitalize on the promising findings from previous surveys and neighboring projects.
More about Augustus Minerals Limited
Augustus Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary focus is on the Ti-Tree Project in the Gascoyne Region, which is known for its potential to host copper, nickel, and platinum group elements (Cu-Ni-PGE).
YTD Price Performance: -38.00%
Average Trading Volume: 203,984
Technical Sentiment Signal: Buy
For an in-depth examination of AUG stock, go to TipRanks’ Stock Analysis page.