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Mogotes Metals Inc. ( (TSE:MOG) ) has shared an update.
Mogotes Metals Inc. has identified a significant geophysical anomaly near the Filo Del Sol resource, suggesting potential for a new porphyry and epithermal center. This discovery, located 2.8 km south of the Filo Del Sol Copper-Gold-Silver resource, aligns with previous surface mineralization findings and presents a compelling drill target. The anomaly’s proximity to major resources owned by Lundin Mining and BHP enhances its strategic importance, potentially positioning Mogotes as a key player in the region’s mineral exploration landscape. The company plans to conduct further geophysical surveys and share additional results to refine their exploration strategy.
More about Mogotes Metals Inc.
Mogotes Metals Inc. operates in the mining industry, focusing on the exploration and development of copper, gold, and silver resources. The company is engaged in identifying and developing mineral deposits, with a particular emphasis on geophysical surveys and drilling projects in promising mineral belts.
Average Trading Volume: 326,447
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$38.36M
Find detailed analytics on MOG stock on TipRanks’ Stock Analysis page.