Eagle Mountain Mining Ltd. (AU:EM2) has released an update.
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Eagle Mountain Mining Ltd. focuses on advancing its Silver Mountain Project by identifying promising porphyry-style targets with significant mineralization potential, supported by geophysical and structural analyses. In parallel, they are conducting a strategic review of the Oracle Ridge Project, guided by Argonaut PCF, to optimize capital allocation and maximize shareholder value. The company ended the quarter with $1.6 million in cash and has deferred a $3 million loan.
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