Golden Mile Resources Ltd. (AU:G88) has released an update.
Golden Mile Resources Limited has concluded a strategic review, deciding to relinquish the Marble Bar and Murchison tenements due to weak exploration results, allowing the company to reallocate resources and focus on more promising projects like the Pearl Copper Project in Arizona. The release of these tenements will save the company annual commitments and associated payments totaling approximately $137,000.
For further insights into AU:G88 stock, check out TipRanks’ Stock Analysis page.