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Buxton Resources Limited ( (AU:BUX) ) just unveiled an update.
Buxton Resources Limited has commenced earthworks for its maiden drilling program at the Centurion IOCG target in the West Arunta region of Western Australia. The project aims to explore a significant geophysical signature associated with major Iron Oxide Copper Gold deposits. The initial drilling will involve a 1,000-metre vertical diamond drillhole to test the anomaly, with plans for follow-up drilling to further evaluate the target. This development marks a significant step for Buxton, potentially enhancing its position in the mining industry and offering promising opportunities for stakeholders.
More about Buxton Resources Limited
Buxton Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects targeting Iron Oxide Copper Gold (IOCG) deposits, particularly in underexplored regions such as the West Arunta area of Western Australia.
YTD Price Performance: -2.44%
Average Trading Volume: 726,085
Technical Sentiment Signal: Sell
Current Market Cap: A$13.69M
See more data about BUX stock on TipRanks’ Stock Analysis page.