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Oakajee Corporation Ltd ( (AU:OKJ) ) has provided an update.
Oakajee Corporation Ltd has continued its exploration activities at the Paynes Find project in Western Australia during the June quarter, focusing on refining gold targets for future drilling. The company has identified two gold mineralisation trends that are open to the south, necessitating further drilling to uncover potential deposits. Statutory approvals have been secured, and the drilling is scheduled for completion in the September quarter, which could enhance Oakajee’s positioning in the gold exploration sector.
More about Oakajee Corporation Ltd
Oakajee Corporation Ltd is involved in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the exploration of gold at its Paynes Find project in Western Australia.
Average Trading Volume: 264,673
Technical Sentiment Signal: Buy
Current Market Cap: A$5.3M
For a thorough assessment of OKJ stock, go to TipRanks’ Stock Analysis page.