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An update from Enegex Limited ( (AU:ENX) ) is now available.
Enegex Limited has received all necessary approvals to commence drilling at the Rocky Ridge gold prospect within the Perenjori Project, following the 2025 harvest. The company reported promising results from infill soil sampling at the Three Springs gold anomaly and confirmed a historical soil anomaly at the Tampia West Project. Enegex’s exploration strategy focuses on rapidly assessing and re-prioritizing tenure based on geochemical results, which could enhance its position in the gold-rich West Yilgarn province. This approach may lead to significant discoveries, impacting the company’s operations and offering potential benefits to stakeholders.
More about Enegex Limited
Enegex Limited is a company operating in the mining industry, focusing on gold exploration in Western Australia. The company targets under-explored soil-covered greenstone and gneiss belts within proven gold terrains, employing a strategy of cost-effective, early-stage geochemical reconnaissance to discover new gold deposits. Enegex holds four project areas: Perenjori, Three Springs, Tampia West, and Gutha, and is actively evaluating new gold opportunities in the West Yilgarn province.
Average Trading Volume: 41,926
Technical Sentiment Signal: Buy
Current Market Cap: A$7.24M
For an in-depth examination of ENX stock, go to TipRanks’ Overview page.