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The latest update is out from Encounter Resources Limited ( (AU:ENR) ).
Encounter Resources Limited has announced that recent RC drilling assay results have identified two extensive zones of high-grade niobium mineralisation at the Green carbonatite complex. These findings support the acceleration of resource definition drilling and mining studies at the Green, Crean, and Emily sites. The results indicate the potential for extending these high-grade zones, positioning Encounter Resources to potentially expand its operations and enhance its stake in the niobium market.
More about Encounter Resources Limited
Encounter Resources Limited is a company operating in the mining industry, focusing on exploration and development projects. The company specializes in extracting minerals, with a significant interest in niobium, as evidenced by its activities at the Green carbonatite complex, part of the Aileron project in Western Australia.
YTD Price Performance: -7.03%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €91.46M
For detailed information about ENR stock, go to TipRanks’ Stock Analysis page.
