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King River Resources Expands Exploration with New Tenement Acquisition

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King River Resources Expands Exploration with New Tenement Acquisition

Confident Investing Starts Here:

King River Resources Limited ( (AU:KRR) ) has issued an announcement.

King River Resources Limited has announced the acquisition of the Kurundi tenement EL32116 from Woodleigh Nominees Pty Ltd for $44,000, funded from existing cash reserves. This strategic acquisition is expected to bolster the company’s exploration activities at Tennant Creek, potentially enhancing its resource portfolio and strengthening its position in the mining sector.

More about King River Resources Limited

King River Resources Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is primarily engaged in the exploration of gold, copper, and other valuable minerals, with a market focus on expanding its resource base and enhancing its operational capabilities.

YTD Price Performance: -15.38%

Average Trading Volume: 511,182

Technical Sentiment Signal: Sell

Current Market Cap: A$10.7M

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

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