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Breakthrough Minerals Acquires High-Grade Gold Project in WA

Story Highlights
  • Breakthrough Minerals has acquired the Errolls Gold Project in Western Australia.
  • The company plans to start drilling immediately after the acquisition is completed in June 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Breakthrough Minerals Acquires High-Grade Gold Project in WA

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The latest update is out from Intra Energy Corporation Limited ( (AU:BTM) ).

Breakthrough Minerals Limited has completed the acquisition of the Errolls Gold Project in Western Australia, a high-grade gold property with significant exploration potential. The company has strengthened its financial position through strategic capital raisings, enabling accelerated exploration activities. With regulatory approvals in place, drilling is set to commence immediately upon the acquisition’s completion in June 2025. The acquisition is seen as a transformative step for Breakthrough, offering substantial opportunities to expand its gold resources in a prolific mining region.

More about Intra Energy Corporation Limited

Breakthrough Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of gold and lithium projects. The company is primarily engaged in acquiring and exploring high-grade gold properties in Western Australia, with additional interests in lithium projects in Quebec, Canada.

YTD Price Performance: 5.71%

Average Trading Volume: 362,228

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$3.49M

For an in-depth examination of BTM stock, go to TipRanks’ Stock Analysis page.

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