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An announcement from West Oak Gold Corp. ( (TSE:SI) ) is now available.
Silicon Metals Corp., a company focused on mineral exploration and development, has announced the acquisition of a 100% ownership interest in an Aggregate Permit and surrounding mining claims in the Sudbury District of Ontario. This acquisition, which includes quartz-rich pegmatite mineralization, is part of Silicon Metals’ strategy to diversify its asset portfolio and enhance its business model. The company also plans a private placement to raise up to $800,000 to fund the development of these assets, which could significantly impact its operational capabilities and shareholder value.
More about West Oak Gold Corp.
Average Trading Volume: 35,845
Technical Sentiment Signal: Hold
Current Market Cap: C$1.07M
See more data about SI stock on TipRanks’ Stock Analysis page.