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Connected IO ( (AU:CML) ) has issued an announcement.
Connected Minerals Limited has completed its maiden Reverse Circulation (RC) drilling program at the Etango North-East Uranium Project in Namibia, extending the original plan due to promising geological findings. The drilling program, which included 15 holes totaling 2,678 meters, identified geological similarities with Bannerman Energy’s nearby Etango Uranium Project, indicating potential for significant uranium deposits. The company is now mobilizing resources to the Swakopmund Project for further exploration, continuing its strategic push to advance its exploration assets in Namibia.
More about Connected IO
Connected Minerals Limited is a company operating in the mining industry, focusing on uranium exploration and development. The company is actively engaged in projects in Namibia, targeting high-grade uranium mineralization.
Average Trading Volume: 55,448
Technical Sentiment Signal: Sell
Current Market Cap: A$8.16M
For detailed information about CML stock, go to TipRanks’ Stock Analysis page.