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Heavy Rare Earths Limited ( (AU:HRE) ) has shared an update.
Heavy Rare Earths Limited has announced promising historical assay results from its Prospect Hill Project in South Australia, revealing high-grade silver, copper, zinc, and lead alongside previously reported tin mineralization. The company plans to conduct a maiden drilling program to upgrade the South Ridge target to a Mineral Resource Estimate, potentially enhancing its value as a polymetallic deposit. This development could significantly impact the company’s operations and market positioning by expanding its commodity exposure and increasing the project’s value.
More about Heavy Rare Earths Limited
Heavy Rare Earths Limited is a company operating in the mining industry, focusing on the exploration and development of rare earth elements and other minerals. The company is involved in projects that include a variety of commodities such as Uranium, Scandium, Dysprosium, Yttrium, and Tin, with a recent focus on polymetallic deposits.
Average Trading Volume: 414,189
Technical Sentiment Signal: Sell
Current Market Cap: A$8.32M
See more insights into HRE stock on TipRanks’ Stock Analysis page.