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An announcement from Resource Base Limited ( (AU:RBX) ) is now available.
Resource Base Limited has been granted two exploration licenses on the Gawler Craton in South Australia, covering an area of 96km². These tenements are prospective for gold, heavy mineral sands, and rare earth elements, and are strategically located near significant mineral discoveries by neighboring companies. The appointment of experienced geologist Michael Beven as a consultant is expected to enhance the company’s exploration efforts, potentially strengthening its position in the mineral exploration industry.
More about Resource Base Limited
Resource Base Limited (ASX: RBX) operates in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly involved in the exploration of gold, heavy mineral sands, and rare earth elements, with a market focus on regions rich in these resources.
YTD Price Performance: -16.67%
Average Trading Volume: 114,152
Technical Sentiment Signal: Buy
Current Market Cap: A$3.46M
Learn more about RBX stock on TipRanks’ Stock Analysis page.