Austral Resources Australia Limited (AU:AR1) has released an update.
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Austral Resources Australia Ltd has released a positive scoping study indicating a significant pipeline for copper production, with an estimated 128,000 tonnes of additional contained copper identified for potential extraction. The study, which covers several key deposits and is backed by robust data, suggests a rapid transition to production and presents an attractive exploration opportunity. Moreover, the company is accelerating the pre-feasibility study for these deposits to the fourth quarter of 2024.
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