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Auris Minerals Ltd. ( (AU:AUR) ) has issued an announcement.
Auris Minerals Ltd reported that it has successfully obtained a retention license for the Wodger and Forrest copper deposits within the Forrest Project, which will reduce its annual exploration expenditure by $100,000. Additionally, the company has withdrawn from certain joint venture exploration licenses and continues to sell surplus assets to optimize its cash reserves for strategic exploration targets and potential new projects.
More about Auris Minerals Ltd.
Auris Minerals Limited is a company focused on exploring base metals and gold in the Bryah Basin of Western Australia. The company has consolidated a tenement portfolio of 285km², divided into three project areas: Forrest, Doolgunna, and Morck Well. Auris manages exploration across all its tenements, including those under third-party arrangements.
Current Market Cap: A$2.86M
See more insights into AUR stock on TipRanks’ Stock Analysis page.