Matador Mining Ltd (AU:AAM) has released an update.
AuMEGA Metals Ltd, formerly known as Matador Mining Ltd, reported a productive quarter with successful exploration programs that identified significant mineralised zones, including promising gold and copper discoveries. The company, with a strong cash position and newly listed on the Toronto Venture Exchange, has rebranded to reflect its growth strategy and commenced further exploration activities in Newfoundland. Amidst these developments, AuMEGA also completed an option agreement to acquire the Blue Cove Copper Project, enhancing its portfolio of prospective mining targets.
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