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Avira Resources Ltd ( (AU:AVW) ) has shared an announcement.
Avira Resources Limited has announced its acquisition of the Mt Cattlin Gold Project in Western Australia, a site with significant high-grade gold potential. The project is strategically located near existing infrastructure and other resource projects, enhancing its economic viability. Avira plans to capitalize on the project’s high-grade mineralization and exploration upside, supported by robust geophysical data. Additionally, the company has secured $2.5 million through a capital raising initiative to support its development efforts, positioning itself for growth in the competitive gold mining sector.
More about Avira Resources Ltd
Avira Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with gold projects and is strategically positioned in Western Australia’s resource-rich regions.
Average Trading Volume: 649,244
Technical Sentiment Signal: Sell
Current Market Cap: A$4.14M
Learn more about AVW stock on TipRanks’ Stock Analysis page.