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Lykos Metals Limited ( (AU:YUG) ) has issued an announcement.
Yugo Metals Limited has announced a $3.5 million placement to support a diamond drilling program at its Sinjakovo Project, targeting gold anomalies. This program aims to validate previous trenching and rock chip sampling results, with drilling expected to begin in November and conclude by the end of 2025. The project is significant as it marks the first-ever drilling over gold prospects at Sinjakovo, potentially enhancing Yugo’s position within the gold exploration sector.
More about Lykos Metals Limited
Yugo Metals Limited is a company involved in the exploration of battery, base, and precious metals. The company focuses on identifying and developing mineral resources, with a particular emphasis on gold exploration projects.
Average Trading Volume: 502,052
Technical Sentiment Signal: Buy
Find detailed analytics on YUG stock on TipRanks’ Stock Analysis page.