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Buxton Resources Begins Maiden Drilling at Centurion Project

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Buxton Resources Begins Maiden Drilling at Centurion Project

Elevate Your Investing Strategy:

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.

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