Northern Minerals Limited (AU:NTU) has released an update.
Northern Minerals Limited reports robust assay results from its drilling program at the Wolverine Deposit, part of the Browns Range heavy rare earths project in Western Australia. High-grade mineralization has been consistently found, which is expected to significantly improve the Browns Range Mineral Resource Estimate and support the completion of the Definitive Feasibility Study by the end of the year. The project, known for its high concentrations of dysprosium and terbium critical for high-performance magnets, is advancing towards reclassifying its resources with the help of government grants.
For further insights into AU:NTU stock, check out TipRanks’ Stock Analysis page.
