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The latest update is out from Astro Resources NL ( (AU:VMS) ).
Venari Minerals NL has filed an Exploration Plan of Operations (EPO) with the US Bureau of Land Management to expand its exploration activities at the Red Mountain Lithium Project in Nevada. The approval of this plan will allow the company to increase its exploration area significantly, from a 5-acre limit to 100 acres, facilitating further drilling and resource assessment. This move is part of Venari’s strategy to accelerate the development of its lithium resources, aligning with US policies to expedite critical minerals projects. The expansion is expected to enhance the company’s operational capabilities and strengthen its position in the lithium market.
More about Astro Resources NL
Venari Minerals NL is a company operating in the mining industry, primarily focused on the exploration and development of lithium projects. The company’s market focus is on critical minerals, with a significant project located at Red Mountain in Nevada, USA.
Average Trading Volume: 2,470,478
Technical Sentiment Signal: Sell
Current Market Cap: A$19.02M
See more data about VMS stock on TipRanks’ Stock Analysis page.