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Resource Mining Corporation Limited ( (AU:RMI) ) has provided an update.
Resource Minerals International Ltd has announced high-grade gold and silver assay results from its Shaib Marqan and Wadi Salamah projects in Saudi Arabia. The sampling program revealed significant mineralization, with plans for further exploration including a detailed magnetic survey to target drilling. These findings position RMI advantageously in the growing Saudi mining sector, potentially enhancing its market presence and offering promising opportunities for stakeholders.
More about Resource Mining Corporation Limited
Resource Minerals International Ltd (RMI) is an ASX-listed company operating in the mining industry, focusing on the exploration of gold and silver. The company is strategically positioned as an early-mover in Saudi Arabia’s expanding mining sector, with projects located in the Proterozoic Arabian-Nubian Shield known for significant mineral deposits.
Average Trading Volume: 1,314,309
Technical Sentiment Signal: Buy
Current Market Cap: A$20.72M
See more data about RMI stock on TipRanks’ Stock Analysis page.