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Metal Hawk Ltd. ( (AU:MHK) ) has provided an update.
Accelerate Resources Limited is making a strategic move in the gold industry with the acquisition of a 70% interest in the Kanowna East Gold Project, located in the Kalgoorlie region of Western Australia. This area is known for its proximity to major gold mines and processing facilities, making it a highly prospective site for gold exploration and production. The company’s new gold strategy is designed to leverage the rising gold prices and their experienced team, aiming to transform underexplored terrains into productive sites quickly and cost-effectively. This acquisition is expected to enhance Accelerate’s position in the gold market and create significant value for its stakeholders.
More about Metal Hawk Ltd.
YTD Price Performance: 30.36%
Average Trading Volume: 253,068
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$41.2M
Find detailed analytics on MHK stock on TipRanks’ Stock Analysis page.
