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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) just unveiled an update.
Native Mineral Resources Holdings Limited has retracted certain statements from a previous announcement regarding its Blackjack Gold Project, opting to provide updated information in compliance with regulatory standards. The company is preparing an 18-hole diamond drilling program to assess mineralisation at the Blackjack Gold Project and aims to restart gold production in the third quarter of 2025, backed by a significant investment of $14.9 million. This strategic move is part of their growth strategy to unlock value from their advanced gold assets.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Limited is an Australian company engaged in the exploration and development of mineral resources, focusing primarily on gold projects. The company is working on advancing its assets, particularly in the Charters Towers region, to resume gold production.
YTD Price Performance: 27.50%
Average Trading Volume: 1,116,583
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$30M
For a thorough assessment of NMR stock, go to TipRanks’ Stock Analysis page.
