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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has shared an announcement.
Native Mineral Resources Holdings Ltd. has announced an updated Mineral Resource Estimate (MRE) for its Granite Castle project in Queensland, revealing 64,000 ounces of gold and 1.24 million ounces of silver. This update, conducted by H & S Consultants Pty Ltd, aligns with the 2012 JORC Code and positions Granite Castle as a significant emerging gold development project. The company plans further exploration and development work to expand the resource, which could enhance its production profile and strategic significance, especially given its proximity to NMR’s Blackjack operations.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources, particularly gold and silver. The company is engaged in projects in northern Queensland, Australia, with a market focus on expanding its mineral resource base and enhancing production capabilities.
Average Trading Volume: 1,832,905
Technical Sentiment Signal: Buy
Current Market Cap: A$132.1M
For an in-depth examination of NMR stock, go to TipRanks’ Overview page.