Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Pacific Bauxite Limited ( (AU:WYX) ) is now available.
Western Yilgarn NL has secured new land access agreements covering ground immediately adjacent to and between its existing JORC-compliant bauxite mineral resources at the West Julimar Bauxite Project, which currently comprise the Zone 100 and Zone 200 deposits with a combined inferred resource of 104.8 million tonnes. The agreements provide continuous access across most of the laterite–gravel system hosting these deposits, allowing the company to test lateral and strike extensions, drill previously inaccessible ground between the zones, and investigate multiple undrilled laterite plateaux, thereby opening the mineralised footprint to systematic drilling and creating a clear pathway to materially expand its bauxite resource base and strengthen its position in the Darling Range bauxite–alumina corridor.
The most recent analyst rating on (AU:WYX) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Pacific Bauxite Limited stock, see the AU:WYX Stock Forecast page.
More about Pacific Bauxite Limited
Western Yilgarn NL is an Australian exploration company focused on bauxite and alumina assets within the highly prospective Darling Range Mineral Field in Western Australia. Its key projects include the West Julimar Bauxite Project, where it is advancing JORC-compliant bauxite resources aimed at supplying the alumina and aluminium value chain.
Average Trading Volume: 548,965
Technical Sentiment Signal: Sell
Current Market Cap: A$4.88M
See more data about WYX stock on TipRanks’ Stock Analysis page.