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An announcement from Auris Minerals Ltd. ( (AU:AUR) ) is now available.
Auris Minerals has completed an exploration and prospectivity review over its Bryah Basin tenure, ranking the McLean Well manganese and base metals prospect and the Jaques East gold prospect as top drilling priorities, with Frenchy’s South identified as the next tier. The board is now refining drill programs for these targets, which host historical anomalous mineralisation over substantial strike lengths and are seen as key drivers of future resource growth.
The explorer ended the March quarter with $3.64 million in cash and is advancing several strategic opportunities following a recent $3.2 million placement. During the period, Auris also secured approval to trade on the U.S. OTCQB market under the ticker AURMF, a move expected to broaden its shareholder base, improve liquidity and enhance access to North American capital for future project development.
More about Auris Minerals Ltd.
Auris Minerals Ltd is an Australian gold and base metals explorer focused on the Bryah Basin in Western Australia. The company controls about 223 square kilometres of tenements across the Forrest and Morck Well project areas, managing exploration on all licences, including those held in joint ventures with Westgold Resources and CuFe Ltd.
Average Trading Volume: 602,318
Technical Sentiment Signal: Hold
Current Market Cap: A$41.17M
For detailed information about AUR stock, go to TipRanks’ Stock Analysis page.