Omnia Metals Group Ltd ( (AU:OM1) ) has issued an announcement.
Omnia Metals Group Ltd has made significant progress in its exploration activities, completing key surveys and assessments at the Salt Creek and Ord Basin projects. At Salt Creek, a Heritage Survey was conducted in collaboration with the Upurli Upurli Native Title Group, allowing the company to proceed with planned drilling. At the Ord Basin, a soil geochemistry program revealed notable metal anomalies, and the company has received approval from the Purnululu people to continue its exploration efforts. Additionally, Omnia has completed a capital raising of $87,511 through the placement of shares, although these shares are currently under a trading lock due to regulatory requirements. The company plans further capital raising efforts to facilitate its reinstatement to the ASX’s official list.
More about Omnia Metals Group Ltd
Omnia Metals Group Ltd operates in the mining industry, focusing on multi-commodity exploration. The company is involved in projects that explore for metals such as copper, gold, platinum, palladium, and nickel, with a market focus on advancing exploration strategies and strengthening relationships with traditional landowners.
Technical Sentiment Consensus Rating: Buy
See more data about OM1 stock on TipRanks’ Stock Analysis page.