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Hertz Energy Buys Comprehensive Data Package for Historic Lake George Antimony Mine

Story Highlights
  • Hertz Energy acquired a comprehensive digital geological database for the historic Lake George Antimony Mine in New Brunswick.
  • The data package bolsters Hertz’s planned bid to acquire and potentially restart the mine while advancing its broader Tungmony critical minerals project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hertz Energy Buys Comprehensive Data Package for Historic Lake George Antimony Mine

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Hertz Lithium, Inc. ( (TSE:HZ) ) has shared an update.

Hertz Energy Inc. has acquired a comprehensive digital geological and technical database for the historic Lake George Antimony Mine in New Brunswick, formerly North America’s largest primary antimony producer. The database consolidates decades of exploration, mining and technical data, including a fully integrated 3D geological and mine model, detailed drill hole and assay records, and the supporting files from a 2014 historical resource estimate, as well as a recommended diamond drilling program and extensive historical reports. This acquisition is intended to strengthen Hertz’s planned tender bid to acquire the provincially owned mine, potentially reducing time and costs for technical evaluation, and supports the company’s broader Tungmony Project strategy by providing an advanced data foundation to assess mine restart options and explore additional critical mineral opportunities around a key past-producing asset.

More about Hertz Lithium, Inc.

Hertz Energy Inc. is a Canadian mineral exploration company focused on critical minerals, with a particular emphasis on antimony, tungsten and gold. The company controls the Lake George Antimony–Tungsten-Gold (Tungmony) Project in south-central New Brunswick, a large, contiguous claims package surrounding the historic Lake George Antimony Mine, positioning Hertz to pursue both mine restart potential and broader regional exploration upside.

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Technical Sentiment Signal: Buy

See more insights into HZ stock on TipRanks’ Stock Analysis page.

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