Argyle Resources Corp. (TSE:ARGL) has released an update.
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Argyle Resources Corp. has expanded its portfolio by acquiring three Quartzite Silica projects in Quebec, securing 100% interest in exchange for $150,000CAD and 750,000 common shares. The acquisition includes properties rich in silica, a critical material for industries like glass production and electronics, and recently listed by the US Department of Energy as crucial for energy. These sites offer logistical advantages due to their proximity to regional ports and railways, enhancing the company’s strategic position in the industrial minerals market.
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