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The latest announcement is out from Zinc of Ireland NL ( (AU:ZMI) ).
Zinc of Ireland NL has made significant strides in its exploration efforts, highlighted by the acquisition of the Mt Clere Project in Western Australia. This project presents a promising drill-ready target with strong geophysical signatures, indicating potential for a major discovery. Additionally, the company is advancing its Kildare Zinc-Lead Project in Ireland and exploring opportunities at the Murchison Gold Project. The company is also monitoring zinc market fundamentals and seeking non-dilutive funding opportunities, while managing its project portfolio by surrendering certain exploration licenses in Manitoba, Canada.
More about Zinc of Ireland NL
Zinc of Ireland NL is a base metals exploration company primarily focused on zinc, lead, and copper projects. The company operates in notable mineral belts, including Western Australia and Ireland, and is actively involved in exploration and development activities to expand its portfolio.
Technical Sentiment Signal: Buy
Current Market Cap: €4.46M
For a thorough assessment of ZMI stock, go to TipRanks’ Stock Analysis page.