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An announcement from Greenwing Resources Ltd ( (AU:GW1) ) is now available.
Greenwing Resources Ltd has announced significant progress in the redevelopment of its Que River Polymetallic Project, highlighting its potential for value creation. The project, which includes a JORC-compliant mineral resource, is strategically positioned near existing infrastructure and has shown promising indications of high-grade gold and silver zones. The company aims to expand its resource base, focusing on gold and silver, and capitalize on the rising global demand for critical minerals, enhancing its strategic relevance in the industry.
More about Greenwing Resources Ltd
Greenwing Resources Ltd is a company operating in the mining industry, focusing on polymetallic resources. Its primary products include zinc, copper, gold, and silver, with a market focus on strategic and critical minerals. The company is involved in the redevelopment of the Que River Polymetallic Project in northwest Tasmania, supported by secure tenure, extensive drilling data, and proximity to established infrastructure.
YTD Price Performance: -26.83%
Average Trading Volume: 192,030
Technical Sentiment Signal: Sell
Current Market Cap: A$9.18M
See more insights into GW1 stock on TipRanks’ Stock Analysis page.