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The latest announcement is out from PVW Resources Limited ( (AU:PVW) ).
PVW Resources Limited has confirmed high-grade rare earth element mineralization at its Capão Bonito project in Brazil, with significant assay results from its Phase 1 drilling program. The findings highlight the project’s potential, with 89% of the drill holes intersecting over 500 ppm TREO. The company is advancing metallurgical testing and expanding exploration at nearby targets, positioning Capão Bonito as a key asset in its Brazilian strategy. PVW is also exploring additional opportunities in Brazil while considering divestment of its Australian gold assets to focus on a diversified portfolio within a mining-friendly jurisdiction.
More about PVW Resources Limited
PVW Resources Limited is a company operating in the mining industry, focusing on the exploration and development of rare earth elements (REE) and precious metals. The company is primarily engaged in projects located in Brazil, with a strategic emphasis on expanding its REE portfolio and evaluating additional opportunities in the region. PVW is also considering divesting or restructuring its Australian gold assets to streamline operations.
Average Trading Volume: 211,634
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.39M
Find detailed analytics on PVW stock on TipRanks’ Stock Analysis page.
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