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Metals One PLC ( (GB:MET1) ) has shared an update.
Metals One PLC has announced a tender for a drilling contractor to execute a 2,000-meter, 10-hole diamond core drill program at its Hammaslahti Copper-Zinc Project in Finland. This initiative aims to explore the E-lode target and a nearby greenfield area, with drilling expected to start later this year. The project is significant due to its potential for volcanogenic massive sulphide mineralization and its historical production record. Recent drilling has revealed high-grade sulphide mineralization, indicating promising extensions of the Hammaslahti mine. This development could enhance Metals One’s strategic positioning in the critical minerals market, potentially benefiting stakeholders by increasing resource estimates and advancing the company’s exploration goals.
More about Metals One PLC
Metals One PLC is engaged in the exploration and acquisition of critical minerals, focusing on copper, nickel, cobalt, zinc, uranium, and vanadium. The company aims to supply these essential materials for the clean energy transition, with projects in Northern Europe and North America. Metals One’s European portfolio includes copper, nickel, cobalt, and zinc projects in Finland and Norway, while its North American portfolio targets uranium and vanadium in historical U.S. mining regions. The company’s shares are listed on the London Stock Exchange’s AIM Market.
Average Trading Volume: 1,366,011
Technical Sentiment Signal: Strong Buy
See more data about MET1 stock on TipRanks’ Stock Analysis page.