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Australian Mines ( (AU:AUZ) ) just unveiled an announcement.
Australian Mines Limited has announced the initiation of dual drilling programs at its Boa Vista Gold Project in Brazil and Flemington Project in New South Wales. The Boa Vista project will involve up to 3,000 meters of diamond drilling to explore strike extensions and high-grade zones, while the Flemington project is set to commence a 1,000-meter auger drilling program pending final regulatory approvals. These initiatives aim to expand resource potential and explore new growth opportunities, marking significant progress in the company’s exploration activities.
More about Australian Mines
Australian Mines Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects that target gold and scandium, with operations in Brazil and New South Wales, Australia.
YTD Price Performance: -30.0%
Average Trading Volume: 9,304,632
Technical Sentiment Signal: Sell
Current Market Cap: A$13.81M
For an in-depth examination of AUZ stock, go to TipRanks’ Overview page.