Centaurus Metals Limited (AU:CTM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Centaurus Metals Limited has announced a substantial 27% increase in the Jaguar Nickel Project’s Mineral Resource Estimate, boasting 1.20 million tonnes of contained nickel and a significant high-grade component near the surface. This positions the Jaguar Project as a globally significant, high-grade undeveloped nickel sulphide deposit. The company, debt-free with $25 million in cash, plans to optimize mine schedules for improved project economics and is exploring the potential for an underground development.
For further insights into AU:CTM stock, check out TipRanks’ Stock Analysis page.