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The latest update is out from Tyranna Resources Limited ( (AU:TYX) ).
Tyranna Resources Limited announced the completion of its diamond core drilling program at its Namibe Project in Angola, with promising intersections of spodumene-mineralized pegmatite at the Muvero and Loop Prospects. The company’s ongoing efforts include geochemical sampling and mapping, as well as strategic acquisitions to expand its portfolio in demand-driven metals. With cash reserves of $4.735 million and no debt, the company is advancing its exploration and development objectives in collaboration with Sinomine Resources for the Muvaro project.
More about Tyranna Resources Limited
Tyranna Resources Limited operates in the mining industry, focusing on the exploration and development of demand-driven metals, including lithium. The company is actively pursuing projects in Angola, leveraging government and commercial datasets for a strategic project acquisition.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$13.15M
For detailed information about TYX stock, go to TipRanks’ Stock Analysis page.