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Tyranna Resources Secures Major Stake in Angolan Copper-Gold Project

Story Highlights
  • Tyranna Resources acquires 70% of the Maongo Copper-Gold Project in Angola.
  • The project offers historical mining sites and excellent infrastructure access, boosting Tyranna’s strategic goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tyranna Resources Secures Major Stake in Angolan Copper-Gold Project

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Tyranna Resources Limited ( (AU:TYX) ) just unveiled an update.

Tyranna Resources Limited has announced its acquisition of a 70% interest in the Maongo Copper-Gold Project in Angola, marking a significant step in its strategy to target demand-driven metals. The project, located near Namibe, features historical mining sites and benefits from excellent infrastructure access, positioning Tyranna to leverage its potential for copper and gold extraction. This acquisition aligns with Tyranna’s broader strategic goals and could enhance its market positioning in the mining sector.

More about Tyranna Resources Limited

Tyranna Resources Limited operates in the mining industry, focusing on the exploration and development of demand-driven metals. The company is primarily involved in projects related to copper and gold, with a strategic emphasis on regions like Angola that offer promising prospects and accessible infrastructure.

Technical Sentiment Signal: Sell

Current Market Cap: A$13.15M

See more data about TYX stock on TipRanks’ Stock Analysis page.

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