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DY6 Metals Ltd. ( (AU:DY6) ) just unveiled an announcement.
DY6 Metals Ltd has announced the acquisition of six exploration licence applications in Central Cameroon, significantly expanding its Central Rutile Project. This acquisition increases DY6’s landholding to 4,974 km², with the project now comprising a total of 11 exploration licences. The region is known for its rich rutile deposits, and the company’s recent site visit confirmed the presence of alluvial and eluvial sources of rutile and heavy mineral sands. This expansion positions DY6 strategically in a region emerging as a globally significant rutile province, potentially enhancing its market positioning and offering promising prospects for stakeholders.
More about DY6 Metals Ltd.
DY6 Metals Ltd is a company operating in the mining industry, focusing on the exploration and development of rutile and heavy mineral sands projects. The company is primarily involved in expanding its landholding in Cameroon, where it aims to capitalize on the region’s potential as a significant rutile province.
Average Trading Volume: 1,203,058
Technical Sentiment Signal: Buy
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