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The latest update is out from Neometals Ltd ( (AU:NMT) ).
Neometals Ltd has commenced a maiden gold drilling program at its Barrambie Project in Western Australia, marking the first gold exploration in two decades. The project covers the Barrambie Greenstone Belt, known for its high-grade titanium and potential gold mineralization. With historic data indicating significant gold occurrences, the company aims to verify and expand on these findings, enhancing its prospects in the gold mining sector.
More about Neometals Ltd
Neometals Ltd is a company engaged in the exploration and development of mineral resources, primarily focusing on high-grade titanium and gold. The company operates the Barrambie Project in Western Australia, which hosts significant titanium deposits and is now being explored for its gold potential.
YTD Price Performance: 9.43%
Average Trading Volume: 17,172
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $35.35M
See more insights into NMT stock on TipRanks’ Stock Analysis page.
