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Coolabah Metals Ltd. ( (AU:BHM) ) has issued an update.
Broken Hill Mines Limited, a mining company, has reported high-grade silver-lead-zinc intercepts from its drilling activities at the Pinnacles Mine. The ongoing drilling has revealed significant mineralization, including gold and copper, which supports the company’s strategy to assess potential open-pit operations. These operations aim to produce high-grade ore for processing at the nearby Rasp Mine processing plant. The results indicate substantial potential for resource expansion, which could enhance the company’s operational capabilities and market position.
More about Coolabah Metals Ltd.
Average Trading Volume: 1,011,014
Technical Sentiment Signal: Buy
Current Market Cap: A$264.7M
For an in-depth examination of BHM stock, go to TipRanks’ Overview page.