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MinRex Resources Limited ( (AU:MRR) ) has provided an update.
MinRex Resources Limited has announced the commencement of reverse circulation drilling at the Fraser Range Project in Western Australia, targeting five priority copper-gold targets. This project, fully funded by MinRex, aims to explore high-quality geophysical Iron Oxide Copper Gold and Broken Hill Type targets, with the drilling program expected to take 3-4 weeks, potentially enhancing the company’s position in the mining sector.
More about MinRex Resources Limited
MinRex Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary interests include copper and gold, with a market focus on high-potential mining regions such as the Fraser Range in Western Australia.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.22M
For an in-depth examination of MRR stock, go to TipRanks’ Stock Analysis page.