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The latest update is out from Connected IO ( (AU:CML) ).
Connected Minerals Limited has completed a successful maiden drilling program at the Ondapanda Prospect in Namibia, revealing promising uranium grades in 14 out of 15 holes. The results suggest geological similarities to the world-class Etango Uranium Project, enhancing the company’s strategic positioning in Namibia’s prolific uranium province. In Australia, the company is expanding its Pallingup Project, with plans to explore potential REE deposits identified through aeromagnetic surveys, contingent on securing land access agreements.
More about Connected IO
Connected Minerals Limited (ASX: CML) operates in the mining industry, focusing on uranium and rare earth elements (REE) exploration. The company holds strategic land positions in Namibia, known for its uranium production, and Australia, where it is exploring for REE and heavy minerals.
Average Trading Volume: 65,082
Technical Sentiment Signal: Sell
Current Market Cap: A$8.16M
See more data about CML stock on TipRanks’ Stock Analysis page.