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Burley Minerals Ltd. ( (AU:BUR) ) just unveiled an update.
Burley Minerals Ltd announced the completion of a reverse circulation drilling program at its Cane Bore Iron Project in Western Australia, revealing significant Channel Iron Deposit mineralization. The company plans to commence further drilling at the North and Step-Out Targets following a heritage survey. With a tight capital structure and recent fundraising efforts, Burley is positioned to advance its exploration activities, particularly as lithium prices show signs of recovery.
More about Burley Minerals Ltd.
Burley Minerals Ltd is an ASX-listed minerals explorer focused on iron ore and lithium projects located in Western Australia and Quebec, Canada.
Average Trading Volume: 130,751
Technical Sentiment Signal: Sell
Learn more about BUR stock on TipRanks’ Stock Analysis page.