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Rafaella Resources Ltd. ( (AU:PVT) ) has shared an update.
Pivotal Metals Limited has amended its market announcement regarding the identification of high-grade gold targets in the Lorraine exploration review. The update includes additional descriptive information and cautionary language about visual gold estimates. The Lorraine project, part of the Belleterre-Angliers Greenstone Belt (BAGB), shows significant potential with multiple high-grade gold occurrences identified. The company has commenced a gold-focused work program, aiming to explore the largely unexplored gold targets in the area, which historically focused on copper and nickel mining. This development could enhance Pivotal’s position in the mining industry by expanding its exploration efforts and potential resource base.
More about Rafaella Resources Ltd.
Pivotal Metals Limited is an explorer and developer of critical mineral projects, focusing on nickel, copper, palladium, and gold. The company holds the Horden Lake property with a significant mineral resource estimate and is actively working on expanding its mineral endowment. Pivotal also has a battery metals exploration portfolio in Canada, particularly in the Belleterre-Angliers Greenstone Belt, aiming to leverage historic exploration work for new discoveries.
Average Trading Volume: 482,061
Technical Sentiment Signal: Sell
Current Market Cap: A$6.35M
For detailed information about PVT stock, go to TipRanks’ Stock Analysis page.