Buxton Resources Limited (AU:BUX) has released an update.
Buxton Resources Limited reported substantial progress in their Graphite Bull and Copper Wolf Projects, with successful electrochemical testwork for potential Li-ion battery anode production and the discovery of significant Cu-Mo mineralization. They are also preparing a large sample for customer testing and have secured a heritage survey to facilitate further drilling. The company maintains a healthy cash balance of $1.22 million as of March 31, 2024.
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