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The latest update is out from Astro Resources NL ( (AU:ASE) ).
Astute Metals NL has announced a significant lithium discovery at its Red Mountain Project in Nevada, USA, with a record 86.9-meter intercept of high-grade lithium mineralization. This finding extends the mineralization 375 meters north and suggests further potential for high-grade zones, bolstering the project’s scale and importance as a major recent US lithium discovery. The results set a strong foundation for a maiden Mineral Resource Estimate in 2025, potentially enhancing Astute’s position in the lithium industry.
More about Astro Resources NL
Astute Metals NL is a company engaged in the exploration and development of lithium projects. Their primary focus is on the Red Mountain Lithium Project in Nevada, USA, where they conduct drilling campaigns to identify and expand lithium mineral resources.
YTD Price Performance: -20.0%
Average Trading Volume: 198,733
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$11.22M
For a thorough assessment of ASE stock, go to TipRanks’ Stock Analysis page.
