tiprankstipranks
Mitre Mining Strikes High-Grade Veins Near Cerro Bayo
Company Announcements

Mitre Mining Strikes High-Grade Veins Near Cerro Bayo

Mitre Mining Corporation Limited (AU:MMC) has released an update.

Mitre Mining Corporation Limited has reported the discovery of high-grade silver-gold veins near their Cerro Bayo project in Chile, with rock chip assays reaching up to 10,466g/t AgEq. The findings suggest potential for significant resource expansion, with two resource updates expected within the next six months as exploration intensifies using a newly mobilized second drill rig. This discovery emphasizes the under-explored potential of the area, just 7km from the existing processing facility.

For further insights into AU:MMC stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!