Metals One PLC (GB:MET1) has released an update.
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Metals One PLC reported substantial progress on their Black Schist Project in Finland, announcing a maiden JORC Inferred Mineral Resource that more than doubled the previous estimates, with a value of in-situ metals at $3 billion. The company also successfully completed a financing round to independently advance the project and terminated a farm-in agreement, retaining the option to regain full ownership. Additionally, their Råna Project in Norway, managed by Kingsrose Mining Limited, has shown promising exploration results and is advancing towards further mineral resource development.
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