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The latest announcement is out from Cascada Silver Corp. ( (TSE:CSS) ).
Cascada Silver Corp. has announced the results of its Phase II drilling program at the Angie Copper Molybdenum Property, revealing significant molybdenum mineralization. While the company discovered a dioritic porphyry complex, the copper grades were not as promising as expected. Despite this, Cascada remains committed to exploring the potential for higher-grade molybdenum zones and is actively reviewing additional properties for acquisition in northern Chile, especially in light of recent changes in mining concession costs.
More about Cascada Silver Corp.
Cascada Silver Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is primarily involved in the search for copper and molybdenum deposits, with a market focus on high-potential properties in Chile.
YTD Price Performance: -25.00%
Average Trading Volume: 770,969
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.24M
Learn more about CSS stock on TipRanks’ Stock Analysis page.