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An announcement from Odin Metals Ltd ( (AU:G11) ) is now available.
G11 Resources Ltd has identified a new copper and gold drill target at Sedgwick Bluff in Tasmania, adjacent to the Mt Lyell Copper/Gold mine. The company is preparing to drill test these targets, pending necessary environmental surveys and approvals. The discovery of the CSAMT anomaly at Zig Zag Hill, along the Great Lyell Fault, suggests potential for significant mineral deposits, which could enhance G11’s positioning in the mining sector. The announcement highlights G11’s strategic focus on expanding its exploration activities in the underexplored Mt Read Volcanic belt, supported by Tasmania’s favorable mining environment.
More about Odin Metals Ltd
G11 Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of copper and gold resources. The company is actively involved in the Mt Read Volcanic belt in Tasmania, a region known for its rich mineral endowment and significant mining activities.
Average Trading Volume: 2,062,470
Technical Sentiment Signal: Buy
Current Market Cap: A$21.27M
For an in-depth examination of G11 stock, go to TipRanks’ Overview page.