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An announcement from Noronex Ltd. ( (AU:NRX) ) is now available.
Noronex Limited has submitted applications for two new prospecting licenses in Botswana, strategically located next to their ongoing Damara Copper Project in Namibia. This expansion aims to leverage the geological similarities between the Kalahari Copper Belt and the Central African Copper Belt, potentially unlocking significant copper resources. The move is anticipated to enhance Noronex’s operational capabilities and strengthen its position within the copper mining industry, offering promising opportunities for stakeholders.
More about Noronex Ltd.
Noronex Limited is a mining company operating in the resources sector, focusing on copper exploration and development projects. The company is primarily involved in the exploration of the Kalahari Copper Belt, with projects in Namibia and Botswana.
YTD Price Performance: 27.27%
Average Trading Volume: 759,485
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7M
For an in-depth examination of NRX stock, go to TipRanks’ Stock Analysis page.
