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Woomera Mining Ltd. ( (AU:OB1) ) just unveiled an update.
Orbminco Limited has announced an extended drilling program at its Majestic North Gold Project near Kalgoorlie, Western Australia, set to begin in July 2025. The program aims to confirm the current mineral resource of 39,700 ounces of gold and explore further extensions and untested targets. This initiative is part of Orbminco’s strategy to evaluate near-term mining opportunities and expand its resource base, with potential implications for project development and stakeholder interests.
More about Woomera Mining Ltd.
Orbminco Limited is a mineral exploration company focusing on gold and copper assets in Western Australia and Mongolia.
Technical Sentiment Signal: Hold
Current Market Cap: A$3.2M
For a thorough assessment of OB1 stock, go to TipRanks’ Stock Analysis page.