Mount Burgess Mining N.L. (AU:MTB) has released an update.
Mount Burgess Mining N.L. has highlighted the increased significance of their Kihabe-Nxuu Project in Botswana due to a surge in silver prices, with the Kihabe Deposit revealing high-grade silver domains and an ongoing metallurgical test to potentially recover Gallium and Germanium onsite. The company anticipates further demand for silver due to its applications in green technologies, while Gallium and Germanium also see price hikes due to their technological uses. Environmental Impact Assessment approval is sought for further drilling to advance the project towards feasibility studies.
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