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The latest update is out from Balkan Mining and Minerals Ltd ( (AU:BMM) ).
Bayan Mining and Minerals Ltd has commenced a Controlled-Source Audio-frequency Magnetotellurics (CSAMT) survey at its Bayan Springs South Project in Nevada, USA, to refine and prioritize drill targets. The survey aims to map subsurface resistivity contrasts to identify fault zones and features associated with Carlin-type gold mineralization. This initiative marks a significant step in the company’s exploration efforts, following recent high-grade gold findings, and will inform the next phase of fieldwork, including drill preparation and permitting processes.
More about Balkan Mining and Minerals Ltd
Bayan Mining and Minerals Ltd is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is engaged in identifying and developing gold and other mineral deposits, with a particular emphasis on Carlin-style gold targets.
Average Trading Volume: 2,476,700
Technical Sentiment Signal: Buy
Current Market Cap: A$23.57M
Learn more about BMM stock on TipRanks’ Stock Analysis page.