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Enterprise Metals Advances Exploration Projects with New Funding

Story Highlights
  • Enterprise Metals Limited focuses on exploring gold, copper, zinc, and rare earths in Western Australia.
  • The company plans to advance its exploration projects with a $780,000 share placement and government grant support.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Enterprise Metals Advances Exploration Projects with New Funding

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Enterprise Metals Limited ( (AU:ENT) ) has provided an announcement.

Enterprise Metals Limited reported its activities for the quarter ending June 2025, highlighting significant progress in its exploration projects. The company completed a Heritage Survey for the Doolgunna Project and plans to commence drilling programs in August. It received a grant under the WA Government’s Exploration Incentive Scheme to support these efforts. The Mandilla Project saw further soil sampling to define drill sites, while the Murchison Project is preparing for electromagnetic surveys and drilling. The Eneabba East Project received permissions for drilling, with further approvals pending. To support these initiatives, Enterprise Metals announced a share placement to raise $780,000, aimed at advancing its exploration programs and supplementing working capital.

More about Enterprise Metals Limited

Enterprise Metals Limited is an exploration company in the mining industry, focusing on gold, copper, zinc, and rare earth elements in Western Australia. The company is engaged in several projects, including Doolgunna, Mandilla, Murchison, and Eneabba East, with a strategy to explore and develop mineral resources to enhance shareholder value.

Current Market Cap: A$4.8M

Learn more about ENT stock on TipRanks’ Stock Analysis page.

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