The latest update is out from Australian Silica Quartz Group ( (AU:ASQ) ).
Australian Silica Quartz Group Limited reported promising results from its Koolyanobbing Metals Project, highlighting significant gold findings at the Golden Wishbone and EMU targets. The company is seeking partners to further explore these areas, indicating potential growth in its gold exploration activities. Additionally, the company is advancing its Quartz Hill MGSi Project, supported by a $1 million investment from Quinbrook Infrastructure Partners, to finalize a Scoping Study and mining lease application. These developments underscore the company’s strategic focus on expanding its resource base and enhancing its market position in the mining sector.
More about Australian Silica Quartz Group
Australian Silica Quartz Group Limited operates in the mining industry, focusing on the exploration and development of high-purity silica and quartz projects, as well as gold exploration. The company is actively involved in projects across Western Australia and Queensland, with a particular emphasis on the Koolyanobbing Metals Project and Quartz Hill MGSi Project.
YTD Price Performance: 75.00%
Average Trading Volume: 10,133
Technical Sentiment Signal: Hold
Current Market Cap: $3.06M
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