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Centaurus Metals Expands Drilling at Boi Novo Project in Brazil

Story Highlights
  • Centaurus Metals resumes drilling at the expanded Boi Novo Project in Brazil.
  • The project now covers 75km², with significant unexplored potential and ongoing geophysical exploration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Centaurus Metals Expands Drilling at Boi Novo Project in Brazil

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Centaurus Metals Limited ( (AU:CTM) ) has issued an announcement.

Centaurus Metals has resumed diamond drilling at its expanded Boi Novo Copper-Gold Project in Brazil’s Carajás Mineral Province, following the acquisition of the Rio Novo tenure. The project now spans 75km², offering significant exploration potential, with over 65% of the area unexplored. The company is conducting electromagnetic geophysics and surface exploration to identify high-quality targets, while also advancing its Jaguar Nickel Sulphide Project, positioning itself strongly in the battery and critical metals market.

The most recent analyst rating on (AU:CTM) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Centaurus Metals Limited stock, see the AU:CTM Stock Forecast page.

More about Centaurus Metals Limited

Centaurus Metals Limited is an exploration and development company focused on copper-gold and nickel sulphide projects in Brazil, particularly within the Carajás Mineral Province, known for its rich mineral deposits.

Average Trading Volume: 1,376,753

Technical Sentiment Signal: Buy

Current Market Cap: A$225.1M

See more data about CTM stock on TipRanks’ Stock Analysis page.

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