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Golden Mile Resources Secures R&D Funding for Project Expansion

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Golden Mile Resources Secures R&D Funding for Project Expansion

Elevate Your Investing Strategy:

Golden Mile Resources Ltd. ( (AU:G88) ) has shared an announcement.

Golden Mile Resources Ltd announced the receipt of $379,066.30 from the Australian Taxation Office as part of the 2024 AusIndustry Research and Development Tax Incentive. This funding supports the development of novel laterite nickel/cobalt process technology at their Quicksilver Nickel-Cobalt Project in Western Australia. The funds will also aid exploration programs at the Pearl Copper Project in Arizona, USA, where the company recently completed a maiden drilling program and is planning further exploration activities.

More about Golden Mile Resources Ltd.

Golden Mile Resources Ltd is a project development and mineral exploration company focused on a multi-asset and multi-commodity strategy. The company aims to grow through the advancement of core projects, acquisition of high-quality assets, and forming tactical alliances with joint venture partners.

Average Trading Volume: 3,094,231

Technical Sentiment Signal: Sell

Current Market Cap: A$6.53M

For a thorough assessment of G88 stock, go to TipRanks’ Stock Analysis page.

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