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Sunrise Energy Metals ( (AU:SRL) ) has issued an announcement.
Sunrise Energy Metals Limited has announced the results of its recent drilling campaign at the Syerston scandium deposit, revealing new areas of high-grade scandium mineralisation. These findings, which remain open in multiple directions, suggest potential for low-cost mining operations and come at a crucial time as the scandium market faces supply constraints due to Chinese export controls. The results will contribute to updating the Syerston Mineral Resource Estimate and the project’s feasibility study, positioning the company strategically to address market demands.
More about Sunrise Energy Metals
Sunrise Energy Metals Limited is a company operating in the mining industry, focusing on the extraction and production of scandium and other related metals. The company is primarily engaged in developing the Syerston Scandium Project, aiming to provide a diversified and scalable source of scandium, which is critical for technology sectors such as telecommunications and advanced alloys.
YTD Price Performance: 410.64%
Average Trading Volume: 328,100
Technical Sentiment Signal: Buy
Current Market Cap: A$140.2M
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