Pacific Bauxite Limited ( (AU:WYX) ) has shared an update.
Western Yilgarn NL has announced the acquisition of a highly prospective bauxite-gallium project in New Norcia, located within the Darling Range Bauxite Mineral Field in Western Australia. The project, which is strategically positioned near Perth and essential infrastructure, is expected to capitalize on the growing demand for direct shipping ore (DSO) bauxite. Historical drilling and sampling results have shown high-grade gallium and bauxite mineralization, highlighting the project’s potential to enhance Western Yilgarn’s market position and offer significant opportunities for stakeholders.
More about Pacific Bauxite Limited
YTD Price Performance: 80.0%
Average Trading Volume: 185,550
Technical Sentiment Signal: Buy
Current Market Cap: A$4.47M
Learn more about WYX stock on TipRanks’ Stock Analysis page.