Midas Minerals Limited (AU:MM1) has released an update.
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Midas Minerals Limited has reported promising exploration updates from their June 2024 Quarterly Activities, including the discovery of strong gold and copper anomalies at their Newington Project in WA, and significant lithium findings at the Aylmer Project in Canada. The company’s detailed exploration work has led to the identification of multiple high-priority drill targets, with surface sampling at the Hawthorn prospect revealing gold concentrations up to 1.56g/t. Midas Minerals also reported a healthy cash position of $1.04 million as of June 30, 2024.
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