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Nickelx Ltd ( (AU:SMX) ) just unveiled an announcement.
Strata Minerals Limited has announced the recommencement of drilling at its Penny South Gold Project in Western Australia. The upcoming diamond drilling program aims to extend previous findings and provide critical geological insights, which will guide future exploration activities. This initiative is significant as it marks the first diamond drilling at the site and is supported by the WA government’s Exploration Incentive Scheme. The results are anticipated to enhance the understanding of the project’s potential and strategic positioning within a world-class gold district.
More about Nickelx Ltd
Strata Minerals Limited is a company operating in the mining industry, focusing on gold exploration. Its primary project is the Penny South Gold Project located in Western Australia, which is situated in a renowned gold district near the high-grade Penny Mine Project operated by Ramelius Resources Limited. The company aims to expand on the proven mineralized corridor within its project area.
Average Trading Volume: 1,077,036
Technical Sentiment Signal: Sell
Current Market Cap: A$2.94M
Learn more about SMX stock on TipRanks’ Stock Analysis page.