Burley Minerals Ltd. (AU:BUR) has released an update.
Burley Minerals Ltd. is excited to announce the grant of an exploration license for the Cane Bore Iron Project in the Pilbara, Western Australia, which includes over 30km of high-grade Channel Iron Deposits. The company is prepping for an initial mapping and rock-chip sampling program, followed by a maiden drilling program, after engaging with Traditional Owners for necessary heritage surveys. With the project located conveniently near infrastructure, including a sealed road to Port Onslow, Burley Minerals is optimistic about the project’s potential to rival neighboring iron resources.
For further insights into AU:BUR stock, check out TipRanks’ Stock Analysis page.