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Mitre Mining Corporation Limited ( (AU:ASL) ) just unveiled an update.
Andean Silver Limited, a mining company, has announced promising results from its initial geophysical survey at the Cerro Bayo silver-gold project in Southern Chile. The survey has identified significant exploration targets under shallow cover and extensions to known regional deposits, indicating substantial potential for resource growth. The findings validate the survey’s efficacy through its correlation with known mineralized areas. The company plans to continue its exploration activities, with a focus on the high-priority Sinter Hill Prospect, which could further enhance its resource base and strengthen its position in the mining industry.
More about Mitre Mining Corporation Limited
YTD Price Performance: 44.44%
Average Trading Volume: 809,851
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$185M
For an in-depth examination of ASL stock, go to TipRanks’ Stock Analysis page.