MinRex Resources Limited (AU:MRR) has released an update.
MinRex Resources Limited has reported positive results from their diamond drilling program at the Queenslander Gold Prospect, part of the Sofala Gold Project in NSW, with significant gold intersections uncovered. The company is set to continue its exploration efforts with reconnaissance work at the Marble Bar Lithium Project next quarter, aiming to build on previously identified lithium soil anomalies. Financially robust, MinRex holds $9.95 million in cash reserves to support its ongoing precious and battery metals projects.
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