tiprankstipranks
Trending News
More News >

Golden Mile Resources Secures R&D Funding for Project Expansion

Story Highlights
Golden Mile Resources Secures R&D Funding for Project Expansion

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1