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Noronex Ltd. ( (AU:NRX) ) has issued an announcement.
Noronex Limited has expanded its strategic alliance with South32 to include new tenements in Botswana, advancing its exploration activities in the Kalahari Copper Belt. The company reported significant mineralized intercepts from its diamond drilling program at the Fiesta Copper Project and has appointed Victor Rajasooriar as the new Managing Director to drive its growth strategy. The expansion into Botswana and the strategic partnership with South32 positions Noronex strongly for future exploration success, potentially delivering significant value to shareholders.
More about Noronex Ltd.
Noronex Limited is a mining company focused on the exploration and development of mineral resources. The company operates primarily in the Kalahari Copper Belt, which spans across Namibia and Botswana, targeting large-scale copper discoveries. Noronex has secured a strategic alliance with South32, a leading global miner, to enhance its exploration efforts in this under-explored region.
Average Trading Volume: 680,226
Technical Sentiment Signal: Buy
Current Market Cap: A$8.48M
For an in-depth examination of NRX stock, go to TipRanks’ Overview page.