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SensOre Ltd ( (AU:PLC) ) has issued an update.
Premier1 Lithium has completed a high-resolution magnetic survey and a first-pass geological mapping and sampling program at its Yalgoo Project. The survey, which included collaboration with Spartan Resources, targeted key prospects and led to the discovery of significant high-grade gold mineralization in both known and previously untested areas. This work is part of Premier1’s strategy to enhance drill targeting and exploration planning, with drill testing of gold targets expected to commence in the first quarter of 2025 pending heritage clearance. The company also strengthened its financial position by securing approximately $1.5 million through a placement and entitlement offer, and receiving $0.89 million from the R&D Tax Incentive program.
More about SensOre Ltd
Premier1 Lithium Limited is an exploration company primarily focused on lithium and gold deposits. The company operates within the mining industry, concentrating its efforts on exploring and developing mineral projects in the Yalgoo-Singleton Greenstone Belt in Australia.
Average Trading Volume: 499,033
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$2.94M
Learn more about PLC stock on TipRanks’ Stock Analysis page.
