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Nickelx Ltd ( (AU:SMX) ) just unveiled an update.
Strata Minerals Limited has announced promising high-grade gold and silver results from its recent fieldwork at the Biranup Gold Project in Western Australia. The Black Dragon Prospect, part of the Biranup Project, revealed significant gold and silver mineralization, with rock chip samples showing up to 218g/t gold and 302g/t silver. Positioned near the major Tropicana Gold Mine, the project is seen as a high-potential area with minimal prior exploration. The company plans to use these findings to guide future exploration efforts, aiming to uncover a large, high-grade gold system.
More about Nickelx Ltd
Strata Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in gold exploration, with its key project being the Biranup Gold Project located in Western Australia. This project is strategically positioned near major gold operations such as the Tropicana Gold Mine, highlighting its potential in a promising yet underexplored region.
YTD Price Performance: 40.0%
Average Trading Volume: 1,950,203
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$6.54M
See more insights into SMX stock on TipRanks’ Stock Analysis page.
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