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An update from OAR Resources Ltd ( (AU:CR3) ) is now available.
Core Energy Minerals Limited has received all necessary statutory approvals for its maiden drilling campaign at the Cummins Uranium Project in South Australia. This significant milestone allows the company to commence drilling, targeting high-priority areas identified from historic exploration. The campaign will initially include 50 drill holes with the potential to expand to 120, aiming to verify previous findings and explore for higher-grade uranium mineralisation. The project is situated in a supportive jurisdiction for uranium mining, enhancing its strategic positioning in the industry.
More about OAR Resources Ltd
Core Energy Minerals Limited is a company operating in the mining industry, primarily focusing on uranium exploration and extraction. The company is engaged in the development of the Cummins Uranium Project located in South Australia’s Eyre Peninsula, a region known for its rich uranium deposits.
YTD Price Performance: -52.00%
Average Trading Volume: 635,190
Technical Sentiment Signal: Sell
Current Market Cap: A$4.74M
For a thorough assessment of CR3 stock, go to TipRanks’ Stock Analysis page.