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Solara Minerals Expands Bryah Basin Portfolio with Strategic Acquisition and New Leadership

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Solara Minerals Expands Bryah Basin Portfolio with Strategic Acquisition and New Leadership

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Lycaon Resources Ltd. ( (AU:SLA) ) has shared an announcement.

Solara Minerals Limited has announced the appointment of Jennifer Neild as General Manager and the acquisition of the OD4TP gold and copper portfolio, which expands their presence in the Bryah Basin. The company completed a ground electromagnetic survey identifying new mineralized structures and plans to drill the Degrussa West target. Additionally, Solara received a $180,000 Exploration Incentive Scheme grant to further explore the Degrussa West VTEM/MLEM target, indicating a strategic focus on expanding their exploration activities.

More about Lycaon Resources Ltd.

Solara Minerals Limited (ASX: SLA) operates in the mining industry, focusing on the exploration and development of gold and copper projects. The company is actively involved in the Bryah Basin, a region known for its rich gold and copper-gold mineralization, and has recently acquired the OD4TP gold and copper portfolio.

Average Trading Volume: 87,818

Technical Sentiment Signal: Sell

For a thorough assessment of SLA stock, go to TipRanks’ Stock Analysis page.

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