Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Great Divide Mining Ltd ( (AU:GDM) ) has provided an update.
Great Divide Mining Ltd has been awarded a $181,577 grant from the Queensland Government under the Collaborative Exploration Initiative to accelerate exploration at the Banshee Antimony-Gold target within its Coonambula Project. The grant will fund an induced polarisation survey aimed at identifying extensions of high-grade antimony-gold veins, potentially enhancing the project’s value and strategic importance in the critical minerals sector. This development underscores the project’s potential and supports GDM’s efforts to advance its exploration activities, potentially benefiting stakeholders by de-risking future drilling operations.
More about Great Divide Mining Ltd
Great Divide Mining Ltd (GDM) is an Australian company involved in the mining, exploration, and production of gold, copper, antimony, and critical metals. The company is focused on developing mineral resources in Queensland, Australia, with a particular emphasis on critical minerals.
Average Trading Volume: 41,395
Technical Sentiment Signal: Buy
Learn more about GDM stock on TipRanks’ Stock Analysis page.