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Katoro Gold PLC ( (GB:FOX) ) has shared an announcement.
Focus Xplore PLC has completed its Phase One exploration activities in Ontario, Canada, targeting rare earth elements and lithium. The initial results from the Bay Road, Iva, Oba, and Ellie projects show moderate levels of fractionation in granites, indicating potential for lithium and REE pegmatite systems. However, no significant mineralization was found. The company plans to continue exploration and refine its strategy based on these findings, with further work planned at the Pearl and White Pine projects.
More about Katoro Gold PLC
Focus Xplore PLC operates in the strategic energy and critical minerals exploration and development sector, focusing on rare earth elements (REE) and lithium. The company is committed to building shareholder value by exploring opportunities in AI and critical minerals like lithium, REE, and uranium.
Average Trading Volume: 8,691,006
Technical Sentiment Signal: Sell
Current Market Cap: £851K
See more insights into FOX stock on TipRanks’ Stock Analysis page.