Midas Minerals Sets Initial High-Grade Resource at Otavi Project

The latest announcement is out from Midas Minerals Limited ( (AU:MM1) ).

Midas Minerals has outlined an initial mineral resource estimate for the Otavi copper-silver-gold project’s T-13 deposit, reported under the JORC 2012 code as a high-grade inferred copper and silver resource. The company says the estimate, first announced in mid-April, provides a foundation for further work at Otavi and signals a pathway to resource growth as it continues exploration and technical studies at the project.

The release emphasises standard investment risk disclosures, noting uncertainties inherent in mineral exploration and resource estimation, and stresses that investors must conduct their own assessments. Midas also reiterates that no guarantees on future performance are offered and that responsibility for any errors or omissions in the presentation is disclaimed to the fullest extent permitted by law.

The most recent analyst rating on (AU:MM1) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Midas Minerals Limited stock, see the AU:MM1 Stock Forecast page.

More about Midas Minerals Limited

Midas Minerals Limited is an Australian exploration company focused on discovering and advancing copper, silver and gold deposits. The company is listed on the ASX under the ticker MM1 and is progressing its Otavi Project in Namibia, targeting high-grade base and precious metal resources for future development.

Average Trading Volume: 369,233

Technical Sentiment Signal: Buy

Current Market Cap: A$158.8M

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