Matador Mining Ltd ( (AU:AAM) ) has issued an announcement.
AuMEGA Metals Ltd has announced the nearing completion of its winter drilling program at the Bunker Hill Project, with approximately 3,600 metres drilled so far. The company plans to resume drilling in July to complete up to 10,000 metres. Additionally, AuMEGA has strategically expanded the Bunker Hill project by staking new claims, enhancing its exploration potential. The company also reported a significant gold assay from its Blue Cove Project, highlighting the untapped potential of its Newfoundland portfolio. These developments underscore AuMEGA’s commitment to exploring and expanding its resource base, potentially impacting its market positioning and attracting interest from major gold companies.
More about Matador Mining Ltd
AuMEGA Metals Ltd is a company operating in the mining industry, focusing on exploration and development of gold and other mineral resources. The company is actively engaged in projects across Newfoundland, with a particular emphasis on the Bunker Hill and Blue Cove projects.
YTD Price Performance: 2.50%
Average Trading Volume: 732,575
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$22.96M
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