Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Resouro Gold Inc. ( (TSE:RSM) ) has issued an announcement.
Resouro Strategic Metals Inc. announced significant assay results from its auger drill hole program at the Tiros Northern Block in Brazil, revealing high-grade mineralization with up to 22.4% titanium dioxide and 13,074 ppm total rare earth oxides. Despite these promising results, the company remains focused on the Tiros Central Block due to its logistical and infrastructure advantages, where metallurgical test work and engineering studies are ongoing to support the development of a demonstration plant.
More about Resouro Gold Inc.
Resouro Strategic Metals Inc. operates in the mining industry, focusing on the exploration and development of titanium and rare earth elements (REE) projects. The company is involved in projects located in Brazil, with a particular emphasis on the Tiros Titanium and Rare Earth Elements Project in Minas Gerais.
Average Trading Volume: 54,310
Technical Sentiment Signal: Hold
Current Market Cap: C$19.15M
For detailed information about RSM stock, go to TipRanks’ Stock Analysis page.