Kingsrose Mining Ltd (AU:KRM) has released an update.
Kingsrose Mining Ltd reported a strong cash position of A$26.75 million at the end of March 2024 and is advancing on several fronts including the permitting of drilling at the high-grade Penikat project in Finland, ongoing negotiations with BHP for future exploration, and the strategic acquisition of a 100% interest in the Råna nickel-copper-cobalt project in Norway. The company is also actively pursuing the acquisition of an advanced critical minerals exploration project to add to its portfolio, indicating a focused approach towards near-term value creation through resource definition and development pathways.
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