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Western Yilgarn Expands Gold Exploration in Gascoyne Region

Story Highlights
  • Western Yilgarn has secured new exploration licenses for the Gascoyne Gold Project.
  • The company aims to identify gold targets, enhancing its exploration activities in Western Australia.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Western Yilgarn Expands Gold Exploration in Gascoyne Region

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Pacific Bauxite Limited ( (AU:WYX) ) just unveiled an announcement.

Western Yilgarn Limited has secured new exploration licenses for the Gascoyne Gold Project in Western Australia, expanding its gold portfolio. The project area, located near the Glenburgh Gold Project, offers significant potential for gold mineralization due to its geological similarities. The company has commenced geological and geophysical reviews to identify gold targets, marking a strategic move to enhance its exploration activities and strengthen its position in the gold industry.

More about Pacific Bauxite Limited

Western Yilgarn NL is an exploration company listed on the ASX, focusing on Australian-based projects. It operates within the world-class bauxite province near Perth and has a significant bauxite resource at the Julimar West Bauxite Deposit. The company recently restructured its management and strategy, divesting international projects and acquiring promising land in Australia’s emerging Nickel-Gold regions.

YTD Price Performance: 40.0%

Average Trading Volume: 229,459

Technical Sentiment Signal: Buy

Current Market Cap: A$3.85M

See more data about WYX stock on TipRanks’ Stock Analysis page.

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