NuCoal Resources Limited (AU:NCR) has released an update.
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NuCoal Resources Limited has completed its scheduled work for 2023 and announced an 88 Mt JORC Coal Resource estimate for their Savoy Hill Project. The company is in negotiations for further development stages and has applied for an additional exploration license (ELA 6682) to potentially expand their resources. NuCoal is also working towards compensation for a previously canceled license and has plans to relist on the ASX.
For further insights into AU:NCR stock, check out TipRanks’ Stock Analysis page.