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An update from Matador Mining Ltd ( (AU:AAM) ) is now available.
AuMEGA Metals Ltd has commenced a diamond drilling program at its Cape Ray Project in Newfoundland, targeting a newly identified electromagnetic conductor near its high-grade Central Zone deposits. This fully funded program aims to explore a potential new gold-bearing trend, with plans to scale up operations based on initial results, marking a significant step in the company’s exploration strategy and potential discovery.
More about Matador Mining Ltd
AuMEGA Metals Ltd is an exploration company focused on a district-scale land package along the Cape Ray Shear Zone in Newfoundland, Canada, recognized as the region’s largest gold structure. The company is supported by global institutional investors and strategic investment from B2Gold Corp, and it holds interests in the Hermitage Flexure and the Blue Cove Copper Project.
Average Trading Volume: 1,233,830
Technical Sentiment Signal: Sell
Current Market Cap: A$21.22M
Find detailed analytics on AAM stock on TipRanks’ Stock Analysis page.