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Octava Minerals Ltd. ( (AU:OCT) ) just unveiled an announcement.
Octava Minerals Ltd has commenced exploration at its Federation Cu-Zn-Ag-Sn project in Western Tasmania, marking the first significant exploration activity at the Sweeney’s prospect since 1980. The company has located historic drill holes and workings, including a main adit with high historical grades, highlighting the site’s potential for significant mineralisation. This exploration could enhance Octava’s position in the critical minerals market, potentially impacting stakeholders by increasing resource estimates and future production capabilities.
More about Octava Minerals Ltd.
Octava Minerals Ltd is an Australian company focused on exploring critical minerals such as rare earth elements (REEs), lithium, copper, zinc, silver, and tin. The company operates several projects, including Federation, Byro, Yallalong, and East Kimberley, with a market focus on the exploration and development of these resources.
Average Trading Volume: 761,051
Technical Sentiment Signal: Buy
Current Market Cap: A$4.35M
For a thorough assessment of OCT stock, go to TipRanks’ Stock Analysis page.