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Katoro Gold PLC ( (GB:FOX) ) has issued an announcement.
Focus Xplore PLC has made significant progress in its exploration program at the Bay Road rare earth element project. Utilizing advanced LiDAR technology from Planetary AI, the company has identified potential felsic intrusive rocks and pegmatites, which are promising for rare earth element mineralization. The findings could enhance Focus Xplore’s position in the critical minerals market, potentially benefiting stakeholders by advancing the understanding and development of the Bay Road project’s resources.
More about Katoro Gold PLC
Focus Xplore PLC is a strategic energy and critical minerals exploration and development company. It focuses on rare earth elements, particularly dysprosium and neodymium, which are essential for manufacturing modern permanent magnets.
Average Trading Volume: 13,967,717
Technical Sentiment Signal: Sell
Current Market Cap: £1.08M
Learn more about FOX stock on TipRanks’ Stock Analysis page.