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Enterprise Metals Limited ( (AU:ENT) ) has issued an announcement.
Enterprise Metals Limited has initiated an aircore drilling program at its Cuddingwarra North – Murchison Project, aiming to explore for rare earth elements in clay formations potentially extending from Victory Metals Ltd’s nearby deposit. The program, reduced from 23 to 15 holes due to access issues, will test a magnetic anomaly that may indicate an enriched intrusive. Results are expected early next year, potentially impacting the company’s resource base and market positioning.
The most recent analyst rating on (AU:ENT) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Enterprise Metals Limited stock, see the AU:ENT Stock Forecast page.
More about Enterprise Metals Limited
Enterprise Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the search for rare earth elements and other valuable minerals, with a market focus on expanding its resource base and enhancing its exploration projects.
Current Market Cap: A$7.47M
See more data about ENT stock on TipRanks’ Stock Analysis page.