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Castle Minerals Limited ( (AU:CDT) ) has issued an announcement.
Castle Minerals Limited has made significant advances in its flagship projects during the December 2024 quarter. At the Wa Gold Project, completed drilling at the Kandia and Kpali prospects intersected mineralization, indicating potential for increased mineralized width and depth. The Kambale Graphite Project secured a substantial investment from Ghana’s Minerals Income Investment Fund, boosting its development. The company also revised agreements and sought partnerships for its Western Australian projects while raising capital through share placements. These developments are poised to enhance the company’s operational capabilities and market positioning, particularly in the highly prospective Northern Ghana region.
More about Castle Minerals Limited
Castle Minerals Limited is an exploration company involved in the mining industry, primarily focusing on the exploration and development of gold and graphite projects. The company’s key projects include the Wa Gold Project and the Kambale Graphite Project, both located in Ghana’s Upper West Region. These projects are positioned to take advantage of strong long-term market fundamentals in gold and graphite commodities.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.69M
See more insights into CDT stock on TipRanks’ Stock Analysis page.
