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The latest update is out from NewPeak Metals Ltd. ( (AU:NPM) ).
NewPeak Metals Ltd. has initiated its inaugural field exploration program at the Treuer Range Uranium-Vanadium Project in the Northern Territory, Australia, engaging Pinata Resources Pty Ltd. to refine key target areas using airborne radiometric datasets. This exploration aims to identify Bigrlyi-style uranium-vanadium mineralization in the Ngalia Basin. The company’s logistical preparations include securing accommodation near the target areas and sourcing geological supplies and specialist equipment to enhance operational efficiency. The exploration program, originally planned for November 2024, was delayed due to unseasonal rain but is expected to take place between February and March 2025, which could provide significant insights into the potential mineral resources of the area, impacting NewPeak’s industry positioning.
More about NewPeak Metals Ltd.
YTD Price Performance: 30.0%
Average Trading Volume: 331,758
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.19M
For detailed information about NPM stock, go to TipRanks’ Stock Analysis page.
