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The latest announcement is out from GCX Metals Limited ( (AU:TM1) ).
GCX Metals Limited has announced the results of its resource upgrade drilling at Dante Reef 2, part of the Dante Mineral Resource Estimate. The drilling confirms the presence of thick, continuous mineralization from the surface, spanning over 6.2 km. This development highlights the potential of Dante as a globally significant multi-commodity district, with ongoing exploration expected to further enhance its resource base. The results reinforce the project’s long-term value, positioning it as a major discovery in the West Musgrave region.
The most recent analyst rating on (AU:TM1) stock is a Buy with a A$0.19 price target. To see the full list of analyst forecasts on GCX Metals Limited stock, see the AU:TM1 Stock Forecast page.
More about GCX Metals Limited
GCX Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in extracting and processing critical minerals such as copper, platinum group elements (PGEs), gold, titanium, and vanadium, with a market focus on large-scale, high-grade mineral systems.
Average Trading Volume: 2,440,703
Technical Sentiment Signal: Hold
Current Market Cap: A$94.97M
See more insights into TM1 stock on TipRanks’ Stock Analysis page.