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The latest announcement is out from Orange Minerals NL ( (AU:OMX) ).
Orange Minerals NL has reported its quarterly activities for the period ending June 30, 2025, highlighting a cash balance of $658k and a successful capital raising of $810,000. The funds are being utilized for due diligence on the Tepa Project acquisition in Ghana, exploration of existing projects, and general working capital. The Tepa Project, located in the Bibiani Gold Field of Ghana, presents significant potential for gold deposits, with plans for systematic soil sampling and targeted drilling to advance exploration. The company also reported promising rock chip sampling results from its Calarie Project in New South Wales, further supporting its exploration strategy.
More about Orange Minerals NL
Orange Minerals NL is a company operating in the mining industry, primarily focused on exploration activities. The company targets high-value tenements with potential for significant orebody discoveries, particularly in the Lachlan Fold Belt of New South Wales and the Eastern Goldfields and Pilbara regions of Western Australia.
Average Trading Volume: 288,089
Technical Sentiment Signal: Buy
For detailed information about OMX stock, go to TipRanks’ Stock Analysis page.