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Mitre Mining Corporation Limited ( (AU:ASL) ) has issued an update.
Mitre Mining Corporation Limited has announced strong drilling results from its Cerro Bayo Silver-Gold Project in Chile, revealing new high-grade mineralized zones. The company has expanded its exploration efforts with the addition of a third drill rig and a major geophysical program, aiming for significant resource updates in 2025. These developments signal a period of anticipated growth for the company, as it positions itself as a major silver-gold producer.
More about Mitre Mining Corporation Limited
Mitre Mining Corporation Limited operates in the precious metals industry, focusing primarily on the exploration and development of silver and gold resources. The company is actively involved in the Cerro Bayo Silver-Gold Project located in southern Chile, a region known for its significant mineral deposits.
YTD Price Performance: 29.01%
Average Trading Volume: 909,037
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$165.9M
Find detailed analytics on ASL stock on TipRanks’ Stock Analysis page.