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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has issued an update.
Native Mineral Resources Holdings Limited has successfully completed its first gold pour at the Blackjack Gold Project in Queensland, marking a significant milestone in its operations. The company has also entered into a refining and offtake agreement with ABC Refinery, ensuring that mined doré bars are refined at spot gold prices. The commissioning phase at the NMR Processing Plant is progressing well, with key systems being tested and optimized, and full production is expected to ramp up in August. The Tailings Storage Facility is ready for use, pending regulatory approval for further development.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Limited is a company in the mining industry, focusing on the extraction and processing of mineral resources. The company is primarily involved in gold mining and has a market focus on leveraging gold price fluctuations to benefit its shareholders.
Average Trading Volume: 2,169,435
Technical Sentiment Signal: Buy
Current Market Cap: A$167.6M
For a thorough assessment of NMR stock, go to TipRanks’ Stock Analysis page.