Australasian Metals Limited (AU:A8G) has released an update.
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Australasian Metals Limited has identified significant gallium levels at its May Queen South Bauxite Project, with samples showing an average of 67.59 g/t and a peak of 145.5 g/t. This discovery, alongside recent gallium price increases, suggests potential value enhancement for the project. The company also explores a hydrometallurgical treatment route for the bauxite ore.
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