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An announcement from Lycaon Resources Ltd. ( (AU:SLA) ) is now available.
Solara Minerals Ltd, a company listed on the ASX, has announced its acquisition of OD4 Tom Price Pty Ltd, which holds seven exploration licenses in the Bryah Basin, Western Australia. This region is known for its potential in gold and copper-gold mineralization, with proximity to significant mining operations. The acquisition includes strategically located projects such as Degrussa West and Wilgeena, which are near established mines and have shown promising geophysical results. This move positions Solara to enhance its exploration activities and potentially expand its resource base, which could have positive implications for its market position and stakeholders.
More about Lycaon Resources Ltd.
Average Trading Volume: 90,371
Technical Sentiment Signal: Hold
For an in-depth examination of SLA stock, go to TipRanks’ Overview page.