Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Buxton Resources Limited ( (AU:BUX) ) has provided an update.
Buxton Resources Limited has commenced its maiden drilling program at the Centurion Project, targeting a significant geophysical anomaly indicative of large-scale IOCG deposits. The program, partially funded by the WA Government’s Exploration Incentive Scheme, aims to complete a 1,000-metre exploration hole to assess the potential of the site, with initial results expected by late September or early October. This initiative aligns with Buxton’s strategy to minimize technical risk and rapidly evaluate promising geological targets, potentially enhancing its market position and shareholder value.
More about Buxton Resources Limited
Buxton Resources Limited is a company involved in the exploration and development of mineral resources, focusing primarily on Iron Oxide Copper Gold (IOCG) deposits. The company is committed to offering geologically compelling and 100%-owned opportunities to its shareholders.
YTD Price Performance: 14.63%
Average Trading Volume: 747,857
Technical Sentiment Signal: Sell
Current Market Cap: A$16.09M
For an in-depth examination of BUX stock, go to TipRanks’ Overview page.