29metals Ltd. ( (AU:29M) ) has provided an announcement.
29Metals Limited has updated its December 2024 Mineral Resources and Ore Reserves estimates, following a request from the ASX for additional information. The update includes approvals from a Competent Person and additional governance details. The company reported non-material changes in its mineral resources and ore reserves compared to 2023, with a slight reduction in group mineral resources due to production depletion and increased cut-off values at Golden Grove. Exploration activities at Golden Grove and Capricorn Copper have also been highlighted, indicating ongoing efforts to enhance resource estimates.
More about 29metals Ltd.
29Metals Limited is a mining company focused on the exploration and development of mineral resources, primarily dealing with copper, zinc, gold, silver, and lead. The company operates key mining projects including Golden Grove, Capricorn Copper, and Redhill, with a market focus on maintaining and expanding its mineral resources and ore reserves.
YTD Price Performance: -29.17%
Average Trading Volume: 3,959,541
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$232.7M
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