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Revolver Resources Holdings Ltd ( (AU:RRR) ) has issued an announcement.
Revolver Resources Holdings Ltd has announced an updated Mineral Resource Estimate for the Dianne Copper Deposit, reflecting a significant increase in the Indicated Mineral Resource Estimate and overall copper grade. This update, which incorporates results from recent drilling, enhances the company’s geological and mining confidence, setting a strong foundation for the restart of mining operations and the production of copper cathode. The project is advancing towards a Final Investment Decision, with the potential for future expansion through open pit or underground mining, promising a longer operational life than initially anticipated.
More about Revolver Resources Holdings Ltd
Revolver Resources Holdings Limited is an emerging copper producer and explorer, focused on the Dianne Project located in north Queensland. The company is involved in the mining industry, primarily dealing with copper, zinc, and silver resources, and is working towards restarting operations at the Dianne Copper Mine.
Average Trading Volume: 268,923
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$22.17M
Learn more about RRR stock on TipRanks’ Stock Analysis page.