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Great Dirt Resources Ltd ( (AU:GR8) ) has issued an announcement.
Great Dirt Resources has reported confirmation of high-grade manganese mineralisation at its Basin and Neranghi projects in northern New South Wales, with rock chip assays returning up to 51.8% manganese and sampling of large boulders and outcrops reinforcing the presence of massive manganese oxide. The company has advanced its research and development strategy by integrating geochemical, geophysical and structural datasets to define 24 high-priority manganese targets for follow-up fieldwork, supported by a $315,282 R&D tax incentive rebate and a cash balance of $2.55 million at the end of the quarter, strengthening its capacity to pursue technically driven exploration that could enhance its resource base and positioning in the manganese sector.
More about Great Dirt Resources Ltd
Great Dirt Resources Limited is an ASX-listed exploration company focused on manganese projects in northern New South Wales, particularly the Basin (Copper Hill) and Neranghi areas. The company targets high-grade manganese mineralisation and is investing in research-driven exploration techniques, including advanced geophysical processing and 3D structural modelling, to identify deeper primary exhalative stratiform manganese systems that could underpin future development.
Average Trading Volume: 52,127
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.3M
For detailed information about GR8 stock, go to TipRanks’ Stock Analysis page.