EcoGraf (AU:EGR) has released an update.
EcoGraf Limited has entered into a US$9.0m farm-in agreement with mining giant AngloGold Ashanti for gold exploration at its Golden Eagle Project in Tanzania. This collaboration is expected to harness AngloGold’s expertise in gold exploration to potentially discover significant gold deposits, providing EcoGraf’s shareholders with exposure to the gold market while the company continues to focus on its core battery materials business.
For further insights into AU:EGR stock, check out TipRanks’ Stock Analysis page.
