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Monger Gold Ltd. ( (AU:LLM) ) has issued an update.
Loyal Metals Ltd has initiated an extensive ground-based geophysics program at the Highway Reward Copper-Gold Mine in Queensland, Australia. This program, which includes advanced technologies such as 3D induced polarisation, magnetotellurics, and gravity surveys, aims to build on recent drilling successes that revealed potential new mineral discoveries. The integration of collected data with past geological information through AI-enhanced analysis is expected to identify new drilling targets through 2026. With $8.2 million in funding, Loyal Metals is strategically positioned to leverage modern exploration techniques to unlock the mine’s copper-gold potential, potentially impacting its operational capabilities and market positioning.
More about Monger Gold Ltd.
Loyal Metals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include copper and gold, with a significant market focus on the Highway Reward Copper-Gold Mine in Queensland, Australia.
Average Trading Volume: 608,092
Technical Sentiment Signal: Buy
Current Market Cap: A$45.83M
Learn more about LLM stock on TipRanks’ Stock Analysis page.