Burley Minerals Advances Iron Projects and Bolsters Finances

Burley Minerals Ltd. (AU:BUR) has released an update.

Burley Minerals Ltd reported significant progress in its June quarter, with the start of a maiden drilling program at the Broad Flat Well Iron Project and positive developments in the Cane Bore Iron Project, both situated in resource-rich regions of Western Australia. The company also announced a strengthened financial position, with a cash balance increase to $2.40M following a successful capital raise, and a solid market capitalization of $18.8M.

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