Morella Corporation (AU:1MC) has released an update.
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Morella Corporation has announced significant rubidium discoveries from its Mt Edon Project, with assay results revealing up to 0.59% Rb2O, marking a promising development in the joint venture with Sayona Mining. The drilling program intercepted mineralized pegmatites in 15 out of 17 holes, sparking optimism for further exploration efforts in the region known for scarce rubidium resources. These findings could potentially enhance the company’s position in the critical minerals market, drawing interest from investors looking to capitalize on rare mineral opportunities.
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