Ordell Minerals Ltd (AU:ORD) has released an update.
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Ordell Minerals Ltd has commenced its maiden drilling campaign at the Barimaia Gold Project in Western Australia following a successful IPO that raised $6 million. Early results are promising, with a significant zone of shallow gold mineralization identified, and further drilling is planned. With $5.1 million in cash reserves, the company is well-positioned for continued exploration and growth.
For further insights into AU:ORD stock, check out TipRanks’ Stock Analysis page.