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Enegex Limited ( (AU:ENX) ) has shared an announcement.
Enegex Limited has identified a promising gold anomaly at its Three Springs Project, with soil sampling results significantly exceeding regional background levels. The company has completed follow-up sampling and is awaiting results. Additionally, Enegex received final environmental approval for exploration drilling at the Rocky Ridge prospect and was granted new exploration licenses at Tampia West and Gutha. These developments highlight Enegex’s ongoing efforts to explore under-explored segments in the West Yilgarn province, potentially enhancing its industry positioning and offering new opportunities for stakeholders.
More about Enegex Limited
Enegex Limited is a company operating in the mining industry, focusing on the exploration of gold, copper, and nickel-copper-platinum group elements (Ni-Cu-PGE) in the West Yilgarn province of Western Australia. The company holds strategic positions in regions known for significant mineral deposits and is actively involved in exploration projects across several areas, including Gutha, Three Springs, Perenjori, and Tampia West.
YTD Price Performance: -35.00%
Average Trading Volume: 203,886
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.95M
For detailed information about ENX stock, go to TipRanks’ Stock Analysis page.