Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest announcement is out from Australian Mines Limited ( (AU:AUZ) ).
Australian Mines Limited announced plans to expand its scandium resource at the Flemington Project through a new drilling program. The initiative aims to assess additional mineralization potential and extend the existing resource area. The drilling will include approximately 50 aircore drillholes, with a focus on the current Mineral Resource Estimate and potential lateral extensions. The project is strategically located near other significant scandium projects, enhancing Australian Mines’ competitive positioning in the market.
More about Australian Mines Limited
Australian Mines Limited is involved in the mining industry, focusing on the exploration and development of high-grade scandium resources. Their operations are centered around projects like the Flemington Project, which is strategically positioned near major scandium projects operated by companies such as Rio Tinto and Rimfire Pacific Mining.
YTD Price Performance: 0%
Average Trading Volume: 11,820
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $10.55M
Learn more about AUZ stock on TipRanks’ Stock Analysis page.
