Australian Mines Limited (AU:AUZ) has released an update.
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Australian Mines Limited is making strides with its Flemington Scandium Project, which boasts one of the highest-grade scandium deposits globally. The company is reviewing 500 additional drill holes to potentially expand its mineral resources significantly, with an updated assessment expected by year-end. This development positions Australian Mines strategically near major projects like Rio Tinto’s Burra Project and Rimfire Pacific Mining’s Scandium projects.
For further insights into AU:AUZ stock, check out TipRanks’ Stock Analysis page.
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