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An announcement from Megado Gold Ltd. ( (AU:MEG) ) is now available.
Megado Minerals Limited has successfully completed the acquisition of an 80% interest in the Iberian Copper Project, located in Northern Spain. This strategic move, supported by a strong shareholder vote, positions the company to capitalize on historic copper occurrences in the region. The project includes multiple exploration permits and targets high-priority drilling activities. The company is actively progressing various workstreams to commence drilling in the second half of 2025, aiming to enhance its resource portfolio and strengthen its position in the mining industry.
More about Megado Gold Ltd.
Megado Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects targeting valuable minerals such as copper, lithium, and gold, with a market focus on expanding its resource base through strategic acquisitions and exploration activities.
Average Trading Volume: 1,078,981
Technical Sentiment Signal: Buy
Current Market Cap: A$25.83M
Find detailed analytics on MEG stock on TipRanks’ Stock Analysis page.