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The latest announcement is out from Kainantu Resources Ltd ( (TSE:SPMC) ).
South Pacific Metals Corp. has successfully completed the Warden’s Hearing for the renewal of its Exploration License EL 2310 for the Kili Teke Copper-Gold Project in Papua New Guinea. This renewal allows the company to continue its exploration efforts, which include identifying new exploration targets and engaging with local communities, potentially enhancing its industry positioning and stakeholder relations.
More about Kainantu Resources Ltd
South Pacific Metals Corp. is an emerging gold-copper exploration company operating in Papua New Guinea’s gold and copper production corridors. The company holds a significant 3,100 km² land package and manages four gold-copper projects near major producers like K92 Mining and Barrick/Zijin, focusing on rigorous technical exploration programs.
YTD Price Performance: 10.0%
Average Trading Volume: 44,520
Technical Sentiment Signal: Buy
Current Market Cap: C$25.67M
Learn more about SPMC stock on TipRanks’ Stock Analysis page.