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Cosmo Metals Limited ( (AU:CMO) ) just unveiled an announcement.
Cosmo Metals Limited has been awarded a grant of up to $50,000 by the New South Wales Government under the Critical Minerals & High-Tech Exploration Program. This funding will support a high-impact geochemistry program at the Mt Everest – Mona VMS copper trend within the Bingara Project. The initiative aims to explore a +4km long target corridor, which shows potential for significant Cu-Au VMS mineralization similar to those found in the Tethyan mineral belt. This grant represents a strategic advancement in Cosmo’s exploration efforts, potentially enhancing its position in the critical minerals sector.
More about Cosmo Metals Limited
Cosmo Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the exploration of copper and other critical minerals, with a market focus on discovering and developing valuable mineral deposits.
Average Trading Volume: 726,288
Technical Sentiment Signal: Hold
Current Market Cap: A$9.53M
See more data about CMO stock on TipRanks’ Stock Analysis page.