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Mount Hope Mining Ltd. ( (AU:MHM) ) has shared an update.
Mount Hope Mining Limited has commenced its phase 2 drilling program at the Mt Solitary prospect, part of its 100%-owned Mt Hope Project in New South Wales. Following exceptional results from phase 1, the new drilling aims to extend high-grade mineralization and advance the prospect toward a resource-definition stage. This development is a significant step in the company’s strategy to establish a meaningful gold position in the southern Cobar Basin, potentially leading to its first JORC-compliant Mineral Resource.
More about Mount Hope Mining Ltd.
Mount Hope Mining Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in advancing its projects in the southern Cobar basin, New South Wales, with a primary focus on gold prospects.
Average Trading Volume: 439,629
Technical Sentiment Signal: Strong Buy
For detailed information about MHM stock, go to TipRanks’ Stock Analysis page.