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Nickelx Ltd ( (AU:SMX) ) has provided an announcement.
Strata Minerals Limited has executed a binding option agreement to acquire the Zelica Gold Project in Western Australia, which includes a mineral resource estimate of approximately 30,000 ounces of gold. The company plans to verify and potentially upgrade this estimate to comply with the JORC Code 2012 standard, and explore early gold extraction opportunities from existing stockpiles, enhancing its position in the gold exploration sector.
More about Nickelx Ltd
Strata Minerals Limited is a company operating in the mining industry, focusing on gold exploration and extraction. The company is involved in expanding its portfolio in Western Australia, particularly through projects like the Zelica Gold Project.
Average Trading Volume: 831,646
Technical Sentiment Signal: Sell
Current Market Cap: A$4.65M
See more insights into SMX stock on TipRanks’ Stock Analysis page.