Cyclone Metals Advances Iron Bear Project with Key Milestones Achieved

An update from Cyclone Metals Ltd ( (AU:CLE) ) is now available.

Cyclone Metals Limited has provided an operational update on its Iron Bear Project, highlighting key achievements such as securing commercial engagements for various studies and completing Phase 4 of metallurgical test work. The company has also completed flotation optimization test work, confirming increased flotation recoveries, and is preparing for a large drilling program to expand mineral resource estimates. These developments are part of a strategic plan to de-risk the asset and enable a decision to mine in three to five years, with upcoming milestones including de-risking studies and a Scoping Study release.

More about Cyclone Metals Ltd

Cyclone Metals Limited is a company focused on the development of its flagship Iron Bear Project, which is a world-class iron ore project located in the Labrador Trough region of Canada.

YTD Price Performance: -30.36%

Average Trading Volume: 3,760,690

Technical Sentiment Signal: Sell

Current Market Cap: A$42.14M

Learn more about CLE stock on TipRanks’ Stock Analysis page.