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The latest update is out from Uvre Ltd. ( (AU:UVA) ).
Uvre Limited has completed a significant acquisition of Otagold’s New Zealand gold exploration projects, marking a transformational quarter for the company. The acquisition includes the Waitekauri Gold Project, located near major gold mines, with extensive gold mineralization and identified drilling targets. The company has strengthened its board with the addition of experienced mining executives and secured funding to support aggressive exploration activities. Uvre’s maiden drilling program at Waitekauri is set to commence in September, positioning the company for a busy year ahead with ongoing exploration efforts.
More about Uvre Ltd.
Uvre Limited is a company involved in the gold exploration industry, focusing on the acquisition and development of gold exploration projects. Its primary market focus is on New Zealand, where it has recently acquired a portfolio of promising gold projects, including the Waitekauri Gold Project on the North Island and additional projects on the South Island.
Average Trading Volume: 330,263
Technical Sentiment Signal: Buy
For a thorough assessment of UVA stock, go to TipRanks’ Stock Analysis page.