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Sunshine Metals Advances North Queensland Projects with Strategic Developments

Story Highlights
  • Sunshine Metals focuses on North Queensland projects with potential in gold and other minerals.
  • The company progresses with drilling and studies, secures funding, and strengthens its board.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunshine Metals Advances North Queensland Projects with Strategic Developments

Meet Your ETF AI Analyst

An announcement from Sunshine Gold Ltd ( (AU:SHN) ) is now available.

Sunshine Metals Ltd has made significant progress in its North Queensland projects, with diamond drilling at Sybil and advancements in Liontown studies. The company has secured a $5 million placement, with Lion Selection acquiring a 9.2% shareholding, and appointed Fred White as a Non-Executive Director to enhance its board’s expertise.

More about Sunshine Gold Ltd

Sunshine Metals Ltd is a company focused on developing projects in North Queensland, targeting large system potentials across various minerals including gold, copper, zinc, lead, silver, and molybdenum.

Average Trading Volume: 12,240,752

Technical Sentiment Signal: Buy

Current Market Cap: A$61.05M

Find detailed analytics on SHN stock on TipRanks’ Stock Analysis page.

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