Metal Bank Limited ( (AU:MBK) ) has shared an update.
Metal Bank Limited has reported a significant increase in its gold resources at the Livingstone project in Western Australia, with a 73% rise in global gold resources and notable increases at specific sites like Kingsley and Homestead. The company is also advancing its projects in Saudi Arabia and Jordan, with ongoing fieldwork and applications for exploration licenses. In Queensland, the Millennium project received a $275k grant from the Queensland Government to explore graphite potential alongside existing cobalt, copper, and gold resources, highlighting the company’s strategic focus on critical minerals.
More about Metal Bank Limited
Metal Bank Limited operates in the mining industry, focusing on the exploration and development of gold, copper, and cobalt resources. The company has projects in Australia, Saudi Arabia, and Jordan, with a market focus on critical minerals and precious metals.
YTD Price Performance: -50.0%
Average Trading Volume: 115,759
Technical Sentiment Signal: Buy
Current Market Cap: A$4.97M
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