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The latest announcement is out from Errawarra Resources Ltd. ( (AU:ERW) ).
Errawarra Resources Ltd. has acquired a 70% stake in the Elizabeth Hill Silver Project, along with associated tenements, marking a strategic expansion in the Pilbara region of Western Australia. This acquisition is expected to strengthen the company’s position with a high-grade silver asset, offering significant resource growth potential. The company has commenced field programs to identify additional silver targets, while maintaining a strong cash position following a recent capital raise. Future efforts will focus on advancing the Elizabeth Hill project, with minimal activities planned for other exploration projects.
More about Errawarra Resources Ltd.
Errawarra Resources Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in silver projects, with a significant emphasis on the Elizabeth Hill Silver Project in Western Australia, a high-grade historical producing silver asset.
YTD Price Performance: 18.37%
Average Trading Volume: 639,304
Technical Sentiment Signal: Hold
Current Market Cap: A$6.92M
See more data about ERW stock on TipRanks’ Stock Analysis page.