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Celsius Wins Two-Year Renewal for Botilao Exploration Campaign

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Celsius Wins Two-Year Renewal for Botilao Exploration Campaign

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Celsius Resources ( (AU:CLA) ) has issued an update.

The Philippine Mines and Geosciences Bureau has renewed Celsius Resources’ Exploration Permit for the Botilao copper-gold prospect for two more years, allowing Makilala Mining Company to continue technical studies, mapping, and sampling alongside approved environmental and community programs to advance potential feed for the MCB project and bolster the project’s longevity.

The most recent analyst rating on (AU:CLA) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Celsius Resources stock, see the AU:CLA Stock Forecast page.

More about Celsius Resources

Celsius Resources is an Australian-listed explorer focused on copper-gold assets in the Philippines, notably the Maalinao-Caigutan-Biyog copper-gold project and satellite prospects aimed at supplying future concentrate demand.

YTD Price Performance: 66.67%

Average Trading Volume: 8,663,792

Technical Sentiment Signal: Buy

Current Market Cap: A$64.83M

For detailed information about CLA stock, go to TipRanks’ Stock Analysis page.

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