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Australian Mines ( (AU:AUZ) ) has shared an announcement.
Australian Mines Limited has secured earn-in rights to the Boa Vista Gold Project in Brazil’s Tapajós Gold Province, a region known for its prolific gold production. The agreement allows Australian Mines to earn up to an 80% interest in the project through staged exploration and development. The Boa Vista project features a historical inferred resource and significant exploration potential, with mineralization open along strike and at depth, indicating potential for bulk-tonnage, open-pit development. The project also boasts excellent metallurgy and district-scale opportunities, with plans for further exploration activities to expand its potential.
More about Australian Mines
Australian Mines Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is involved in projects that target key minerals and metals, primarily in regions with significant mining potential.
YTD Price Performance: 10.0%
Average Trading Volume: 3,429,978
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$15.38M
For detailed information about AUZ stock, go to TipRanks’ Stock Analysis page.