Coolabah Metals Ltd. ( (AU:CBH) ) has shared an announcement.
Coolabah Metals Limited has announced exceptional assay results from historical drilling at the Pinnacles Mine, revealing high-grade silver-lead-zinc intercepts. These findings suggest significant potential for both open-pit and underground mining developments. The results include impressive grades of silver, lead, and zinc, indicating a promising opportunity for resource expansion and increased production capabilities. The company plans to process over 1,100 meters of additional unassayed drill core and conduct a follow-up drilling program targeting shallow open-pit resources, which could enhance its market position and attract stakeholder interest.
More about Coolabah Metals Ltd.
Coolabah Metals Limited, soon to be renamed Broken Hill Mines Limited, operates in the mining industry, focusing on the extraction and processing of silver, lead, and zinc. The company is listed on the ASX under the ticker BHM and is involved in developing mining projects with a particular emphasis on the Pinnacles Ag-Pb-Zn Mine.
Technical Sentiment Signal: Strong Sell
Learn more about CBH stock on TipRanks’ Stock Analysis page.