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Caravel Minerals Limited ( (AU:CVV) ) has issued an announcement.
Caravel Minerals Limited has announced a significant advancement in its Caravel Copper Project with the finalization of a simplified process design. This design optimizes the production of high-grade copper and molybdenum concentrates, while also leveraging precious metal credits from gold and silver to enhance revenue. The streamlined process, validated by extensive testing, reduces complexity and costs, setting the stage for the Definitive Engineering Study and Feasibility Study. By adopting a conventional and scalable design, the project ensures operational reliability and economic viability, boosting investor confidence and positioning the company favorably in the mining industry.
More about Caravel Minerals Limited
YTD Price Performance: -32.00%
Average Trading Volume: 20,000
Technical Sentiment Signal: Buy
Current Market Cap: €42.11M
For detailed information about CVV stock, go to TipRanks’ Stock Analysis page.