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The latest announcement is out from Constellation Resources Ltd. ( (AU:CR1) ).
Constellation Resources Limited has reported significant progress in its natural hydrogen projects, covering a vast area of 87,602 km² in Western Australia. The company’s efforts include reprocessing historical seismic data and collaborating with CSIRO to explore the potential of the Edmund-Collier Basin for large-scale natural hydrogen production. Additionally, the Ularring Copper Gold Project has identified promising geochemical anomalies, indicating potential for copper-gold deposits. The company has also raised approximately $1.1 million through a non-renounceable pro-rata entitlements offer, which will support its ongoing exploration activities.
More about Constellation Resources Ltd.
Constellation Resources Limited is a company focused on projects in the resources sector, particularly in Western Australia. The company is involved in exploring natural hydrogen and copper-gold projects, leveraging its strategic locations near major consumers and infrastructure.
Average Trading Volume: 62,767
Technical Sentiment Signal: Sell
Current Market Cap: A$9.01M
For an in-depth examination of CR1 stock, go to TipRanks’ Overview page.