Celsius Resources Ltd. (AU:CLA) has released an update.
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Celsius Resources Ltd. has initiated detailed engineering and optimization work for their MCB Copper-Gold Project in the Philippines, focusing on infrastructure and cost reduction strategies. The company is in advanced discussions with potential investors to secure the necessary funding, with a closing cash position of A$1.6 million as of June 30, 2024. Stakeholder engagement and preparatory works for the Botilao Copper-Gold Prospect are also progressing, with ground mapping and sampling set to begin.
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