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Katoro Gold PLC ( (GB:KAT) ) has shared an update.
Katoro Gold PLC announced the expansion of its Iva Lithium Project in Ontario, Canada, increasing its area from 640 hectares to 1,130 hectares to include newly interpreted pegmatite targets. This expansion extends the target trend to 5.5 kilometers, enhancing the project’s potential for lithium mineralization. The project benefits from excellent infrastructure, being close to the Trans-Canada Highway, a major power line, and nearby rail. The strategic location and geological setting make it a promising site for lithium discovery, aligning with ongoing initiatives to develop lithium processing facilities in the region.
More about Katoro Gold PLC
Katoro Gold PLC is a strategic energy and precious minerals exploration and development company. It focuses on critical minerals exploration, particularly in Ontario, Canada, with a significant interest in lithium-bearing minerals.
YTD Price Performance: -25.00%
Average Trading Volume: 9,920,654
Technical Sentiment Signal: Buy
Current Market Cap: £1M
See more data about KAT stock on TipRanks’ Stock Analysis page.