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Resource Mining Corporation Limited ( (AU:RMI) ) has issued an announcement.
Resource Mining Corporation Limited has commenced a 1,000-meter RAB drilling program at the Mpanda Copper-Gold Project in Tanzania, targeting the Stalike and Kabungu prospects. This initiative marks the first step in a systematic exploration effort to define copper and gold resources, with significant third-party interest in the project and renewed focus on the company’s Tanzanian nickel assets, indicating a positive outlook for future development.
More about Resource Mining Corporation Limited
Resource Mining Corporation Limited is a company engaged in the exploration and development of mineral resources, with a focus on copper, gold, and nickel projects. The company operates primarily in Tanzania, where it is actively involved in the Mpanda Copper-Gold Project and has interests in nickel assets.
Average Trading Volume: 4,617,720
Technical Sentiment Signal: Sell
Current Market Cap: A$9.55M
Find detailed analytics on RMI stock on TipRanks’ Stock Analysis page.