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An update from Octava Minerals Ltd. ( (AU:OCT) ) is now available.
Octava Minerals has resumed diamond drilling at the Sweeney’s prospect within its Federation copper-zinc-silver project in western Tasmania, completing three of a planned 2,000 metres of drilling and identifying visible semi-massive sulphide mineralisation in the third hole across two lodes. In parallel, high-grade rock chip samples from the nearby Anomaly 1 prospect, 750 metres northeast of Sweeney’s, have confirmed significant zinc, copper, silver, tin and indium mineralisation supported by historic drill intersections, underscoring the project’s potential to host a substantial polymetallic system and enhancing Octava’s exploration upside in a well-serviced mining region.
The most recent analyst rating on (AU:OCT) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Octava Minerals Ltd. stock, see the AU:OCT Stock Forecast page.
More about Octava Minerals Ltd.
Octava Minerals Ltd (ASX:OCT) is an Australian-focused explorer of critical minerals with a portfolio of projects targeting copper, zinc, silver, rare earth elements, lithium, antimony, gold, nickel and platinum group metals across Western Australia and Tasmania. Its Federation copper-zinc-silver project in western Tasmania is strategically located near established mining centres, processing infrastructure and hydro power stations, positioning the company to leverage existing regional capabilities for future development.
Average Trading Volume: 587,535
Technical Sentiment Signal: Buy
Current Market Cap: A$8.99M
For detailed information about OCT stock, go to TipRanks’ Stock Analysis page.