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The latest announcement is out from Kainantu Resources Ltd ( (TSE:SPMC) ).
South Pacific Metals Corp. has initiated new exploration programs at the Anga Project, following promising geochemical results that confirm the priority status of the Irinke Prospect and identify additional gold prospects. The company is preparing for year-round drilling with a newly acquired drill rig, aiming to enhance its exploration efforts and potentially expand its resource base near the K92 border.
More about Kainantu Resources Ltd
South Pacific Metals Corp. (SPMC) operates in the mining industry, focusing on gold exploration and development. The company is actively engaged in projects within the Kainantu Gold District, targeting high-potential gold prospects.
YTD Price Performance: -4.44%
Average Trading Volume: 35,934
Technical Sentiment Signal: Buy
Current Market Cap: C$22.3M
See more insights into SPMC stock on TipRanks’ Stock Analysis page.