Cassius Mining Ltd (AU:CMD) has released an update.
Cassius Mining Ltd has announced a joint venture with Segia Gulf Group to explore for critical minerals in Saudi Arabia, underlining a significant step towards tapping into the Kingdom’s under-explored resources. This partnership aligns with Saudi Arabia’s Vision 2030 initiative, which aims to diversify its economy, and highlights Cassius’s ability to participate in future exploration tender rounds due to its status as a registered foreign entity in the country. The collaboration will initially focus on gold exploration, with both companies eager to secure new licenses in the upcoming tender round.
For further insights into AU:CMD stock, check out TipRanks’ Stock Analysis page.
