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Wildcat Resources Ltd. ( (AU:WC8) ) has provided an update.
Wildcat Resources Limited announced significant findings from its diamond drilling at the Harry Pegmatite Swarm, extending the pegmatites to a depth of over 700 meters. The drilling confirmed lithium mineralization at the Hermione Pegmatite Prospect, although initial drill holes may have missed the main trend. The company is well-funded and plans further drilling to explore additional lithium-bearing pegmatites, enhancing its position in the lithium exploration industry.
The most recent analyst rating on (AU:WC8) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Wildcat Resources Ltd. stock, see the AU:WC8 Stock Forecast page.
More about Wildcat Resources Ltd.
Wildcat Resources Limited is an Australian lithium explorer and developer, focusing on lithium and tantalum projects. The company is engaged in discovering and developing lithium resources, with a particular emphasis on its Bolt Cutter Central lithium discovery and the Tabba Tabba Lithium-Tantalum Project in Western Australia.
Average Trading Volume: 4,704,142
Technical Sentiment Signal: Hold
Current Market Cap: A$267.4M
See more insights into WC8 stock on TipRanks’ Stock Analysis page.