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DY6 Metals Ltd. ( (AU:DY6) ) has shared an update.
DY6 Metals Ltd has acquired 7,554 square kilometers of licenses in Cameroon, enhancing its Central Rutile and Douala Basin projects, which are highly prospective for rutile and heavy mineral sands. The company is conducting reconnaissance sampling and drilling programs to identify high-grade rutile mineralization. Additionally, DY6 identified high-grade gallium at its Tundulu Project and is raising capital to accelerate exploration efforts. The appointment of a new CEO and Executive Chairman aims to strengthen its leadership team.
More about DY6 Metals Ltd.
DY6 Metals Ltd is a critical metals exploration company focusing on rutile and heavy mineral sands projects. The company is actively engaged in developing its projects in Cameroon, specifically the Central Rutile and Douala Basin Projects, and is also exploring high-grade gallium mineralization at its Tundulu Project.
Average Trading Volume: 1,434,374
Technical Sentiment Signal: Buy
For a thorough assessment of DY6 stock, go to TipRanks’ Stock Analysis page.