eMetals Limited (AU:EMT) has released an update.
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eMetals Limited reports promising exploration outcomes at its Mubende Gold Project in Uganda, with high-grade rock chip samples including 29.1g/t Au and a gold mineralisation zone extending over 1.2km. The company has initiated systematic exploration and is planning a maiden drill program after acquiring an 80% stake in the project through a deal with Sifang Mineral Resources Limited. These developments indicate a significant potential for the project’s future.
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