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An announcement from Odin Metals Ltd ( (AU:G11) ) is now available.
G11 Resources Limited has made significant strides in its mineral exploration efforts, extending the mineralized zone at its Wilandra VMS copper project and setting a JORC exploration target. The company has also completed a $7.5 million capital raising to support its new copper and gold projects, aiming to transition from an explorer to a developer/miner. With a focus on the newly acquired Sedgewick Bluff project in Tasmania, G11 plans to conduct maiden diamond drilling and further geophysical studies. The company is optimistic about its future, supported by high gold prices and a positive outlook for copper.
More about Odin Metals Ltd
G11 Resources Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company primarily targets copper and gold projects, with significant operations in western New South Wales and Tasmania, Australia.
Average Trading Volume: 192,386
Technical Sentiment Signal: Buy
Current Market Cap: A$36.79M
Find detailed analytics on G11 stock on TipRanks’ Stock Analysis page.