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Mogotes Metals Inc. ( (TSE:MOG) ) has shared an update.
Mogotes Metals Inc. announced the commencement of drilling at its Filo Sur project, strategically located near the BHP/Lundin Filo Del Sol resource. The company plans to drill approximately 5,000 meters, targeting Porphyry Copper and High Sulfidation Epithermal gold-silver mineralization. This initiative marks a significant step in Mogotes’ exploration efforts, with the potential to enhance its resource portfolio and strengthen its position in the mining sector. The drilling campaign will adapt based on initial results, indicating a dynamic approach to exploration that could have positive implications for stakeholders.
More about Mogotes Metals Inc.
Mogotes Metals Inc. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets Porphyry Copper and High Sulfidation Epithermal gold-silver mineralization, with a market focus on expanding its resource base in strategic locations.
Average Trading Volume: 551,146
Technical Sentiment Signal: Buy
Current Market Cap: C$63.6M
Find detailed analytics on MOG stock on TipRanks’ Stock Analysis page.