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Auric Minerals Corp. ( (TSE:AUMC) ) just unveiled an announcement.
Auric Minerals Corp. has acquired three exploration properties in Labrador’s Central Mineral Belt, enhancing its portfolio with the English Lake, Otter Lake, and Kan projects. These acquisitions position Auric to potentially discover high-grade uranium and critical metals, leveraging the region’s geological environment known for hosting IOCG-type systems. The move is expected to strengthen Auric’s market position in the exploration of energy and strategic metal resources.
More about Auric Minerals Corp.
Auric Minerals Corp. operates in the mining industry, focusing on the exploration and development of uranium and critical mineral projects. The company is strategically positioned in Labrador’s Central Mineral Belt, a region known for its rich uranium resources and potential for Iron Oxide Copper Gold (IOCG)-type systems.
Average Trading Volume: 59,185
Technical Sentiment Signal: Sell
Learn more about AUMC stock on TipRanks’ Stock Analysis page.