Viridis Mining and Minerals Limited (AU:VMM) has released an update.
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Viridis Mining and Minerals Limited has reported exceptional results for its maiden Mixed Rare Earth Carbonate production from its Northern Concessions, achieving the highest known recoveries for Magnetic Rare Earth Oxides using a cost-effective process. The company also expanded its land holdings with strategic acquisitions and completed significant drilling programs, enhancing the potential of its Colossus Project. Additionally, a successful equity issue raised A$4 million, bolstering its financial position.
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