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Lykos Metals Limited ( (AU:YUG) ) has provided an update.
Yugo Metals Limited, a company listed on the Australian Securities Exchange, has completed preparations and signed a contract with GIM Geotehnika for a gold-focused diamond drilling program at its Sinjakovo site. This program marks the first-ever drilling over gold prospects at Sinjakovo, aiming to validate previous promising results from trenching and rock chip sampling. The drilling is set to start in late November and conclude by the end of 2025, with initial results anticipated in early 2026. This development could enhance Yugo Metals’ exploration capabilities and potentially strengthen its position in the gold exploration industry.
More about Lykos Metals Limited
Average Trading Volume: 497,842
Technical Sentiment Signal: Buy
Current Market Cap: A$13.94M
See more insights into YUG stock on TipRanks’ Stock Analysis page.