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eMetals Identifies Gold Anomaly at Busia Project

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eMetals Identifies Gold Anomaly at Busia Project

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eMetals Limited ( (AU:EMT) ) has shared an update.

eMetals Limited has completed its initial soil sampling campaign on the Busia Gold Project in Uganda, revealing a 300-meter-wide gold-in-soil anomaly. The project, located in a region with significant gold deposits, shows potential for a maiden gold discovery, enhancing eMetals’ positioning in the gold exploration industry.

More about eMetals Limited

eMetals Limited is a company involved in the exploration and development of mineral resources. Its primary focus is on gold exploration, particularly in the Busia Greenstone Belt in southeastern Uganda. The company has acquired a significant stake in Sifang Mineral Resources Limited, which holds exploration licenses in the region.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$3.4M

Find detailed analytics on EMT stock on TipRanks’ Stock Analysis page.

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