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Pacific Bauxite Limited ( (AU:WYX) ) has provided an announcement.
Western Yilgarn Limited has announced a JORC (2012) Inferred Mineral Resource Estimate of 39.27 million tonnes at 22.7% available alumina and 12.8% reactive silica for its New Norcia Bauxite Project in Western Australia. This new estimate increases the company’s total bauxite resources to 244 million tonnes, enhancing its potential as a significant supplier of high-quality bauxite. The strategic location near essential infrastructure and ports positions Western Yilgarn to capitalize on the current high prices of alumina and bauxite, offering long-term value to shareholders and opportunities for further resource expansion.
More about Pacific Bauxite Limited
Western Yilgarn Limited is a company operating in the mining industry, primarily focused on bauxite exploration and production. The company holds several projects in the Darling Range Bauxite Field of Western Australia, targeting the production of high-quality bauxite for alumina refineries in China and the Middle East.
Average Trading Volume: 165,823
Technical Sentiment Signal: Sell
Current Market Cap: A$4.81M
See more data about WYX stock on TipRanks’ Stock Analysis page.