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QX Resources Set to Begin Drilling at Western Shaw Iron Ore Project

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QX Resources Set to Begin Drilling at Western Shaw Iron Ore Project

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QX Resources Ltd ( (AU:QXR) ) just unveiled an update.

QX Resources Limited has submitted a Program of Work for a 500m RC drill program at the Western Shaw Iron Ore Project, aiming to confirm high-grade iron ore continuity and collect metallurgical samples. The drilling is set to commence once approved, with the company optimistic about the results, which could enhance its position in the iron ore market.

More about QX Resources Ltd

QX Resources Limited is an exploration company operating in the mining industry, primarily focusing on iron ore projects. The company is involved in the Western Shaw Iron Ore Project in the Pilbara region of Western Australia, where it holds a 25% interest after farming out a 75% interest in the iron ore rights.

Technical Sentiment Signal: Sell

Current Market Cap: A$7.37M

Learn more about QXR stock on TipRanks’ Stock Analysis page.

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