Magnum Mining and Exploration Limited (AU:MGU) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Magnum Mining & Exploration Limited has discovered potential neodymium (Nd) targets at its Buena Vista Project in Nevada through the use of advanced multispectral satellite analysis. The identified targets, found in previously unexplored areas, are associated with Nd-oxide and gases commonly linked to rare earth and sulphide minerals. Further field reconnaissance and surface geochemistry testing are planned to confirm these findings.
For further insights into AU:MGU stock, check out TipRanks’ Stock Analysis page.