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Zinc of Ireland NL ( (AU:ZMI) ) has shared an announcement.
Zinc of Ireland NL (ZMI) has entered into an agreement to acquire a significant interest in the Mt Clere Project in Western Australia, a highly prospective area for mineral exploration. The project hosts a large geophysical anomaly with potential similarities to major global deposits, offering an untapped exploration opportunity due to previous technical challenges encountered by BHP in the 1990s. Recent advancements in geophysics have enhanced the prospectivity of this anomaly, and ZMI plans to commence drilling to explore its potential further.
More about Zinc of Ireland NL
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €3.44M
For a thorough assessment of ZMI stock, go to TipRanks’ Stock Analysis page.