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Kuniko Ltd. ( (AU:KNI) ) has issued an update.
Kuniko Limited, a company listed on the ASX, has secured the right to earn up to a 70% stake in the Commonwealth Project located in the Lachlan Fold Belt of New South Wales, known for its rich copper and gold deposits. This agreement with Impact Minerals Limited allows Kuniko to advance exploration efforts in a region comparable to the renowned Eskay Creek gold-silver mine. The joint venture aligns with Impact’s strategy to monetize non-core assets, enabling them to focus on other projects while maintaining a significant interest in the Commonwealth Project.
More about Kuniko Ltd.
Average Trading Volume: 103,844
Technical Sentiment Signal: Sell
Find detailed analytics on KNI stock on TipRanks’ Stock Analysis page.