Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest update is out from Buxton Resources Limited ( (AU:BUX) ).
Buxton Resources Limited has announced a substantial expansion of its Graphite Bull Project’s Mineral Resource Estimate, increasing contained graphite by 345% to 2.25 million tonnes at a 7% Total Graphitic Carbon cut-off. The updated estimate, prepared by ERM, highlights the project’s enhanced economic potential, with 40% of the resources now classified as Indicated Resources. The mineralisation is continuous over a 1.65 km strike with an average thickness of 45 meters, and the project remains open for further exploration opportunities. These developments are expected to strengthen Buxton’s position in the graphite mining sector and provide significant exploration upside.
More about Buxton Resources Limited
Buxton Resources Limited is engaged in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary product is graphite, and it is actively expanding its market presence through significant projects such as the Graphite Bull Project.
YTD Price Performance: -30.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €4.84M
See more insights into BUX stock on TipRanks’ Stock Analysis page.
