Australia United Mining Limited (AU:AYM) has released an update.
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Australia United Mining Ltd reported progress in its joint venture with MinRex Resources on the Sofala Gold Project, with positive assays from recent drilling and over $223,000 spent on exploration in the last quarter. Meanwhile, the company faced a setback with the cancellation of its EL8402 license in New South Wales.
For further insights into AU:AYM stock, check out TipRanks’ Stock Analysis page.