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Uvre Ltd. ( (AU:UVA) ) has provided an update.
Uvre Limited has reported promising new exploration results from its Waitekauri and Oturehua gold projects in New Zealand. The company has found high-grade rock chip assays, with results up to 11g/t Au at Waitekauri and 12.1g/t Au at Oturehua, indicating substantial exploration potential. The ongoing drilling program at Waitekauri is progressing well, with plans to accelerate exploration efforts across its projects, supported by a strong cash position of $5.4 million. These developments underscore Uvre’s strategic focus on leveraging its position within well-established mineralized systems to enhance its industry standing and deliver value to stakeholders.
More about Uvre Ltd.
Uvre Limited is a company operating in the gold mining industry, focusing on exploration and development of gold projects in New Zealand. Its primary projects include the Waitekauri Gold Project and the Oturehua Gold Project, both located in regions known for significant gold deposits.
Average Trading Volume: 728,216
Technical Sentiment Signal: Buy
For detailed information about UVA stock, go to TipRanks’ Stock Analysis page.