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Metals Exploration ( (GB:MTL) ) just unveiled an announcement.
Metals Exploration PLC aims to extend the ore processing operations at its Runruno mine by exploring the newly identified Dupax tenement, which holds significant potential as a Volcanogenic Massive Sulphide (VMS) target. The company plans to leverage existing infrastructure at the Runruno site to process ore from Dupax, which could extend operations by several years if exploration proves successful. The Dupax project is strategically located near the existing Runruno mine, and the company is finalizing necessary permits to commence exploration, highlighting the potential for high-grade gold and copper extraction.
More about Metals Exploration
Metals Exploration PLC is a gold production, exploration, and development company with assets in the Philippines and Nicaragua. The company focuses on extending its operations in the mining industry through strategic exploration and development of its existing assets.
YTD Price Performance: 0.0%
Average Trading Volume: 2,767,210
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £148.4M
See more insights into MTL stock on TipRanks’ Stock Analysis page.
