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Oneiro Energy PLC ( (GB:SWT) ) has issued an announcement.
Switch Metals has commenced an exploration program targeting tantalum-rich coltan in alluvial drainage basins at its Issia Project in Côte d’Ivoire. This initiative follows the completion of a mineral resource estimate pitting program and involves systematically sampling gravel layers to assess tantalum and niobium content. The exploration aims to demonstrate the district-scale potential of the project and support Phase 1 production, with the first mineral resource estimate expected in early 2026. This development could significantly enhance Switch Metals’ industry positioning by expanding its resource base and demonstrating the scalability of the Issia Project.
More about Oneiro Energy PLC
Switch Metals plc is a mining company focused on critical technology and battery minerals in Côte d’Ivoire, a prominent mining jurisdiction in Africa. The company is the largest landholder of tantalum, lithium, and other critical metals prospects in the country and potentially in West Africa. Its core assets include the Issia, Bouaké, and Tiassalé projects, with the Issia project being the current focus due to its potential for early cash flow through ethical tantalum production.
Average Trading Volume: 212,474
Technical Sentiment Signal: Strong Buy
See more data about SWT stock on TipRanks’ Stock Analysis page.
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