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Eagle Mountain Mining Ltd. ( (AU:EM2) ) has shared an update.
Eagle Mountain Mining Ltd has announced that two of its four exploration permits at the Silver Mountain Project in Arizona have been cancelled due to a failure to submit annual renewal applications. The company has reapplied for these permits, and the process is not expected to impact near-term exploration activities, as their immediate focus is on assisting Nittetsu with due diligence for a potential joint venture at the Oracle Ridge Project, and planned activities are outside the affected areas.
More about Eagle Mountain Mining Ltd.
Eagle Mountain Mining Ltd is a copper-gold exploration company focused on the strategic exploration and development of the Wedgetail and Silver Mountain Projects in Arizona, USA. Arizona is a central hub for America’s mining industry and hosts some of the world’s largest copper discoveries.
Average Trading Volume: 9,967,904
Technical Sentiment Signal: Sell
Current Market Cap: A$10.22M
For an in-depth examination of EM2 stock, go to TipRanks’ Overview page.