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Korab Resources Limited ( (AU:KOR) ) just unveiled an announcement.
Korab Resources Ltd has announced the renewal of its Exploration Licence EL31341, part of the Rum Jungle Project, until November 2025. This renewal allows the company to continue its exploration activities in a highly prospective area near Darwin, potentially enhancing its market position and offering further opportunities for mineral discovery, which could positively impact stakeholders.
More about Korab Resources Limited
Korab Resources Ltd is an Australian mining and exploration company, primarily focused on the Rum Jungle Project in the Northern Territory. The project includes a variety of mineral deposits such as magnesium, gold, silver, copper, cobalt, nickel, lithium, and more. Korab’s shares are listed on the Australian Securities Exchange (ASX).
Average Trading Volume: 2,529,047
Technical Sentiment Signal: Sell
Current Market Cap: A$2.94M
Learn more about KOR stock on TipRanks’ Stock Analysis page.