GWR Group Limited (AU:GWR) has released an update.
GWR Group Limited has announced promising results from its Phase 1 diamond drilling program at the Prospect Ridge Magnesite project in northwest Tasmania, boasting significant magnesium oxide intersections and preparing for Phase 2 drilling to further assess the resource. The project, which is a collaboration with Dynamic Metals and part of a government-funded research initiative, aims to bolster Australia’s critical metals production. Metallurgical testwork is currently underway to optimize the extraction process and reduce contaminants.
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