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Santa Fe Minerals Ltd. ( (AU:SFM) ) just unveiled an announcement.
Santa Fe Minerals Limited has announced its acquisition of the Eburnea Gold Project in Côte d’Ivoire from Turaco Gold Ltd. This acquisition includes the Satama Permit and the Bouake North Application, which have shown promising results from previous drilling and geophysical surveys. The transaction is expected to enhance Santa Fe’s position in the gold mining sector, contingent on shareholder and ASX approval, and is supported by a $1.2 million capital raise.
More about Santa Fe Minerals Ltd.
Santa Fe Minerals Limited is a company involved in the mining industry, focusing on the exploration and development of mineral resources. The company is expanding its portfolio by acquiring gold projects, with a particular interest in regions with significant mineral potential.
Average Trading Volume: 49,815
Technical Sentiment Signal: Sell
Current Market Cap: A$2.26M
For detailed information about SFM stock, go to TipRanks’ Stock Analysis page.