Santana Minerals Ltd. ( (AU:SMI) ) just unveiled an announcement.
Santana Minerals Ltd reported significant progress in the March quarter at its Bendigo-Ophir Gold Project (BOGP) in New Zealand. The company achieved key milestones in resource definition, mine design, and permitting, transitioning from planning to execution. Highlights include an updated Mineral Resource Estimate, reduced pre-strip requirements, and a Mining Permit Application. These developments enhance the project’s capital efficiency and support early production planning. The company’s inclusion in the S&P/ASX All Ordinaries Index and a cash inflow of ~A$36 million further strengthen its financial position, supporting its strategic direction and operational progress.
More about Santana Minerals Ltd.
Santana Minerals Ltd is a company operating in the mining industry, focusing primarily on gold exploration and development. Their flagship project is the Bendigo-Ophir Gold Project (BOGP) in New Zealand, which is positioned as one of the most advanced undeveloped gold projects in the region.
YTD Price Performance: 15.46%
Average Trading Volume: 1,717,898
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$404.7M
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