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Jangada Mines PLC ( (GB:JAN) ) has shared an update.
Jangada Mines plc announced the commencement of a significant drilling program by its investee company, Blencowe Resources PLC, at the Orom-Cross Graphite Project in Uganda. This initiative aims to expand and upgrade the mineral resource inventory, which is pivotal for the Definitive Feasibility Study. The program is expected to enhance the project’s resource base and de-risk operations, ultimately increasing shareholder value and supporting the project’s move towards production.
More about Jangada Mines PLC
Jangada Mines plc is a natural resources development company with interests in Brazil and elsewhere, focusing on the mining sector.
YTD Price Performance: -0.64%
Average Trading Volume: 360,534
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2M
Find detailed analytics on JAN stock on TipRanks’ Stock Analysis page.