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An update from Pacific Bauxite Limited ( (AU:WYX) ) is now available.
Western Yilgarn NL, a company listed on the ASX, has announced the granting of exploration licenses for the Cardea 1 and 2 Bauxite Projects in the Darling Range Bauxite Mineral Field, Western Australia. The projects, which are strategically located near major infrastructure, have shown promising results with high-grade bauxite deposits, indicating potential for increased bauxite tonnage and grade. The announcement highlights the company’s strengthened position in the bauxite industry and its potential for growth amidst record alumina and bauxite prices.
More about Pacific Bauxite Limited
Average Trading Volume: 217,314
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$3.03M
For a thorough assessment of WYX stock, go to TipRanks’ Stock Analysis page.