Matador Mining Ltd ( (AU:AAM) ) has shared an update.
AuMEGA Metals Ltd has commenced its 2025 winter drill program at Bunker Hill in Newfoundland and Labrador, following a brief weather-related delay. The program involves diamond and reverse circulation drilling, targeting high-priority areas with known high-grade mineral samples. The company aims to complete approximately 10,000 meters of drilling, with results expected by mid-to-late March, potentially impacting its exploration strategy and stakeholder interests.
More about Matador Mining Ltd
AuMEGA Metals Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets high-grade copper, silver, and gold deposits, with a significant market focus on exploration activities in Newfoundland and Labrador, Canada.
YTD Price Performance: 4.76%
Average Trading Volume: 651,299
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$26.58M
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