ACDC Metals Ltd (AU:ADC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ACDC Metals Ltd has announced substantial heavy mineral sand discoveries at their Douglas and Watchem North projects in Victoria, with high-grade assay results that rival nearby mined resources. The company’s successful drilling campaigns have confirmed new strandline deposits, including a high-grade 9km strike at Venice Beach Strandline. With a strong cash position of $3.59M AUD and no debt, ACDC Metals is well-positioned to advance their projects and seek new opportunities.
For further insights into AU:ADC stock, check out TipRanks’ Stock Analysis page.