Korab Resources Limited (AU:KOR) has released an update.
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Korab Resources Ltd has corrected an earlier report, confirming the completion of approximately 380 ground gravity survey stations at their Rum Jungle Project—a substantial increase from the previously stated 250 stations. The surveys are part of a comprehensive exploration strategy, including high-resolution aerial magnetic and LiDAR surveys, to assess the potential of the 243 square kilometer area rich in a variety of minerals like magnesium, gold, and copper. The company is poised to continue with further surveys to fully evaluate the project’s prospects.
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