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Mila Resources ( (GB:MILA) ) just unveiled an announcement.
Mila Resources Plc has provided an update on its exploration activities, highlighting significant progress in its Queensland Gold Portfolio and Kathleen Valley Gold & Lithium Projects. The company has completed a ground magnetic survey at Yarrol and is planning a maiden drilling campaign to upgrade historic resources to JORC compliance. Meanwhile, Mila is collaborating with Liontown at Kathleen Valley to further lithium exploration, while maintaining a focus on gold as a secondary target. These efforts are part of Mila’s strategy to de-risk assets and enhance shareholder value through targeted exploration and strategic partnerships.
More about Mila Resources
Mila Resources Plc operates in the natural resources sector, focusing on post-discovery exploration acceleration. The company is involved in gold and lithium projects, primarily in Queensland and Kathleen Valley, with a market focus on enhancing resource compliance and leveraging strategic partnerships.
YTD Price Performance: -7.14%
Average Trading Volume: 5,637,506
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.76M
Learn more about MILA stock on TipRanks’ Stock Analysis page.
