Orange Minerals NL (AU:OMX) has released an update.
Orange Minerals NL is set to begin an Induced Polarization (IP) survey at their Lennons Find project in the Pilbara, building on a historical survey that identified a significant IP anomaly. The survey follows the completion of a Heritage Agreement and precedes planned drilling programs aimed at further exploring the inferred mineral resource, which includes zinc, copper, lead, gold, and silver. The company’s efforts are part of their agreement with Musketeer Mining Ltd to earn up to a 75% stake in the project by 2028.
For further insights into AU:OMX stock, check out TipRanks’ Stock Analysis page.