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SQX Resources Limited ( (AU:SQX) ) has provided an announcement.
SQX Resources Limited has announced its strategic expansion into the North American precious metals sector by acquiring an 80% interest in the Williams Gold Project in Montana and the Red Bird Gold Project in Arizona. This acquisition, along with a $2 million placement to fund exploration, marks a significant step for the company, aiming to capitalize on the growing investor interest in the region. The projects offer substantial historical exploration data and potential for high-grade mineralization, with initial field programs already underway, positioning SQX to enhance its industry standing and stakeholder value.
More about SQX Resources Limited
SQX Resources Limited is a company involved in the exploration and development of precious metal projects, with a focus on gold and silver. The company is expanding its market presence into North America by acquiring significant interests in gold and silver projects in Montana and Arizona.
Average Trading Volume: 81,210
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.31M
Find detailed analytics on SQX stock on TipRanks’ Stock Analysis page.