Australian Critical Minerals Ltd. (AU:ACM) has released an update.
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Australian Critical Minerals Ltd. has reported promising results from their recent exploration program, revealing extensive Banded Iron Formation (BIF) zones at their Shaw and Cooletha Projects in the Pilbara region. The company found significant strike lengths over 7km and widths exceeding 100m for BIF, and they are anticipating the analysis of 221 rock chip samples. This discovery could potentially extend the known Cleaverville Formation, which is renowned for its direct shipping ore iron deposits.
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