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Aus Tin Mining Limited ( (AU:C7A) ) just unveiled an update.
Clara Resources Australia has applied for a new exploration permit, EPM29390, to expand its Mareeba Gold Project in the Hodgkinson mineral field of Far North Queensland. The tenement, covering about 6.5 square kilometres immediately south of Clara’s existing ground, will lift the combined project area to roughly 247 square kilometres.
The new permit area hosts at least five documented historical gold workings, including the Victoria Mine and Four-Leaf Shamrock Mine, both reported to have produced very high-grade ore. Clara plans to integrate this tenure into its broader Mareeba exploration strategy, viewing the largely untested Hodgkinson district as offering significant potential to enhance its gold discovery pipeline.
The most recent analyst rating on (AU:C7A) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Aus Tin Mining Limited stock, see the AU:C7A Stock Forecast page.
More about Aus Tin Mining Limited
Clara Resources Australia Ltd is an ASX-listed mineral exploration company focused on gold projects in Far North Queensland. The company’s Mareeba Gold Project is located in the historically significant Hodgkinson mineral field and targets high-grade gold mineralisation within structurally controlled quartz vein systems.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.43M
Find detailed analytics on C7A stock on TipRanks’ Stock Analysis page.