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An announcement from Resource Mining Corporation Limited ( (AU:RMI) ) is now available.
Resource Mining Corporation Limited has announced the continuation of its exploration program at the Mpanda Copper-Gold Project in Tanzania, focusing on the Stalike and Kabungu prospects. The company is conducting laboratory analysis on soil and auger samples to generate high-potential drilling targets. Previous exploration results have shown significant gold and copper grades, indicating the potential for large-scale copper-gold systems. The ongoing exploration efforts aim to identify significant copper-gold projects, with a targeted drilling program planned following the current analysis phase.
More about Resource Mining Corporation Limited
Resource Mining Corporation Limited is a company operating in the mining industry, primarily focusing on the exploration and development of copper and gold resources. The company is engaged in identifying and exploiting potential economic resources within its extensive tenement package, particularly in the Mpanda Copper-Gold Project located in Tanzania.
Technical Sentiment Signal: Sell
Current Market Cap: A$2.66M
For detailed information about RMI stock, go to TipRanks’ Stock Analysis page.