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The latest announcement is out from Cosmo Metals Limited ( (AU:CMO) ).
Cosmo Metals is advancing its exploration portfolio across the Kanowna Gold Project in Western Australia and the Bingara and Nundle projects in New South Wales, targeting structurally hosted gold and critical minerals such as antimony and copper. The company operates near existing Tier 1 gold infrastructure and along underexplored mineralised trends, positioning it to benefit from growing interest in both traditional precious metals and critical minerals.
During the March quarter, Cosmo prepared for imminent drilling at Kanowna, planning up to six reverse circulation holes along the Kanowna Shear and a government co-funded 400m diamond hole at the Laguna Verde prospect to test deeper gold potential. At Bingara, systematic geochemical sampling, mapping and rock-chip programs defined new high-priority VMS and gold targets along the Mt Everest–Mona, Star of Bingara–Lone Hand and Antimony Gully trends, while a $1.55 million equity raising and renewed policy focus on antimony via the federal Critical Minerals Strategic Reserve supported its funding base and strategic exposure to critical minerals.
More about Cosmo Metals Limited
Cosmo Metals Limited is an Australian exploration company focused on gold, antimony and copper projects in Western Australia and New South Wales. Its flagship assets include the Kanowna Gold Project near Kalgoorlie, adjacent to Northern Star’s Kanowna Belle mine, and the Bingara and Nundle projects in the New England Orogen targeting gold, antimony and volcanogenic massive sulphide-style copper mineralisation.
Average Trading Volume: 599,548
Technical Sentiment Signal: Sell
Current Market Cap: A$5.89M
Find detailed analytics on CMO stock on TipRanks’ Stock Analysis page.