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Classic Minerals Ltd. ( (AU:CLZ) ) has issued an update.
Classic Minerals Limited has announced a significant advancement in its Forrestania Gold Project with the approval of drilling programs on newly acquired tenements. The company has secured drilling approvals for two high-priority gold prospects and engaged Exploration Mining and Drilling Services Pty Ltd to commence exploration in July 2025. This strategic move aims to expand Classic’s JORC resource base and enhance shareholder returns through a high-impact gold drilling campaign.
More about Classic Minerals Ltd.
Classic Minerals Limited is a company operating in the mining industry, primarily focusing on gold exploration and development. The company is engaged in expanding its gold resource base, with a market focus on unlocking the potential of the Forrestania district in Western Australia.
Average Trading Volume: 2,007,755
Technical Sentiment Signal: Sell
Current Market Cap: A$1.54M
For detailed information about CLZ stock, go to TipRanks’ Stock Analysis page.