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Resource Base Limited ( (AU:RBX) ) has issued an update.
Resource Base Limited has reported a cash position of $1.06 million as of December 31 and completed a placement raising $975,000. The company is actively exploring its Wali and Ernst Lake Lithium Projects in Québec, which show promising results with the presence of lithium and gold anomalies. The exploration efforts have highlighted zones of interest that align with regional geological trends, potentially enhancing their market position in the lithium mining sector.
More about Resource Base Limited
Resource Base Limited is a company operating within the mining industry, focusing on the exploration and development of mineral projects. The company is primarily involved in lithium projects, with significant operations based in the James Bay Region of Québec, Canada.
YTD Price Performance: -17.50%
Average Trading Volume: 74,766
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$3.8M
See more insights into RBX stock on TipRanks’ Stock Analysis page.