Cosmo Metals Completes Due Diligence on NSW Mineral Projects

The latest announcement is out from Cosmo Metals Limited ( (AU:CMO) ).

Cosmo Metals Limited has successfully completed due diligence for the acquisition of the Bingara and Nundle gold, antimony, and copper projects in northern New South Wales. This acquisition, covering an area of approximately 743 square kilometers, is a significant step in Cosmo’s strategy to expand its exploration activities in this highly prospective region. The completion of the Sub Audio Magnetotelluric survey over the Mt Everest – Mona VMS trend at Bingara is a key milestone, with data processing underway to identify potential drill targets. This development is expected to enhance Cosmo’s exploration capabilities and strengthen its position in the mining industry, potentially benefiting stakeholders through the exploration of high-grade mineral deposits.

More about Cosmo Metals Limited

Cosmo Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the exploration of gold, antimony, and copper, with a market focus on the New England Orogen region in northern New South Wales, Australia.

YTD Price Performance: -11.76%

Average Trading Volume: 413,129

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.54M

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