Kuniko Ltd. (AU:KNI) has released an update.
Kuniko Ltd. has completed an 8-hole drilling program at the Ertelien Nickel-Copper-Cobalt Project in Norway, with promising results from the first drillhole indicating significant mineralisation, including high-grade zones. These findings, which include an interval of 343.3 meters at an average grade of 0.20% nickel equivalent, are consistent with the world-class Voisey’s Bay Ni-Cu deposits, suggesting a strong potential for further discoveries. The company is advancing the project rapidly with plans to update the mineral resource estimate by late Q3’24.
For further insights into AU:KNI stock, check out TipRanks’ Stock Analysis page.
