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An update from Cosmo Metals Limited ( (AU:CMO) ) is now available.
Cosmo Metals Limited has announced significant progress in its exploration efforts at the Mt Everest – Mona Mine VMS Trend within the Bingara Project. The company has identified a 4km long target corridor with high-grade copper mineralization and other valuable minerals such as gold, silver, and cobalt. This discovery, aided by advanced LiDAR and SAM survey techniques, highlights previously unrecognized mine workings and prospective target horizons, positioning Cosmo Metals for potential growth and increased stakeholder interest in an underexplored area.
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 involved in the extraction of copper, gold, antimony, and other valuable minerals, with a market focus on regions with significant geological potential, such as the New England Orogen in New South Wales, Australia.
Average Trading Volume: 598,170
Technical Sentiment Signal: Hold
Current Market Cap: A$7.41M
See more data about CMO stock on TipRanks’ Stock Analysis page.