Kogi Iron Ltd. (AU:M4M) has released an update.
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Macro Metals Limited announced that recent drilling at their Goldsworthy East and Wandanya Manganese Projects did not reveal commercially viable mineralization. Despite the disappointment, the company remains focused on shifting towards a mining services business model to leverage profits for future exploration. The pivot is aimed at minimizing shareholder dilution while pursuing new opportunities in 2025.
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