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Octava Minerals Ltd. ( (AU:OCT) ) has issued an announcement.
Octava Minerals Ltd has confirmed high-grade indium results from re-assayed rock chips at the Sweeney’s prospect within the Federation project in Tasmania. The company is preparing to commence drilling, supported by a successful EM survey indicating strong conductance and connectivity of sulphide minerals. This development marks a significant step in Octava’s exploration efforts, with the company well-capitalized to advance drilling operations, potentially enhancing its position in the critical minerals sector.
More about Octava Minerals Ltd.
Octava Minerals Ltd is an Australian-focused explorer specializing in critical minerals. The company is engaged in projects involving copper, zinc, silver, rare earth elements, lithium, antimony, gold, nickel, and platinum group metals across various locations including Federation, Byro, Yallalong, and East Kimberley.
Average Trading Volume: 668,775
Technical Sentiment Signal: Sell
Current Market Cap: A$5.55M
For a thorough assessment of OCT stock, go to TipRanks’ Stock Analysis page.