Matador Mining Ltd (AU:AAM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
AuMEGA Metals Ltd, formerly known as Matador Mining Ltd, reports encouraging updates on its Hermitage Gold and Antimony Project, highlighting substantial gold and antimony potential with ongoing prospecting activities. The project, situated in a geologically favorable area of Newfoundland, has shown promising early results with a large antimony anomaly and is compared to major gold mines in Australia. The company is advancing with its systematic exploration approach, expecting phase one drilling assay results soon and continuing with phase two drilling.
For further insights into AU:AAM stock, check out TipRanks’ Stock Analysis page.