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Resource Mining Corporation Limited ( (AU:RMI) ) has issued an update.
Resource Minerals International Ltd has announced its acquisition of joint venture interests in gold exploration projects in Saudi Arabia, specifically at Shaib Marqan and Wadi Salamah, where high-grade gold and copper were reported. The company also secured funding of up to A$5 million for a three-year term and changed its name to reflect its international focus. These developments are expected to enhance RMI’s operational capabilities and market positioning in the mineral exploration industry.
More about Resource Mining Corporation Limited
Resource Minerals International Ltd (ASX: RMI) is a Perth-based specialist mineral exploration company focused on developing critical and precious mineral deposits through exploration activities in Tanzania, Saudi Arabia, and Finland.
Average Trading Volume: 1,279,214
Technical Sentiment Signal: Buy
Current Market Cap: A$23.44M
For detailed information about RMI stock, go to TipRanks’ Stock Analysis page.