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An update from Octava Minerals Ltd. ( (AU:OCT) ) is now available.
Octava Minerals Ltd has reported promising results from its first Reverse Circulation drilling program at the Discovery antimony target within the Yallalong Project. The drilling, which aimed to explore the lateral and vertical extensions of previously identified high-grade antimony, revealed significant intercepts, including a notable 1m at 9% Sb from a depth of 45m. These results underscore the potential of the Discovery target and the challenges of targeting structurally controlled mineral prospects, which the company plans to address in future exploration efforts.
More about Octava Minerals Ltd.
Octava Minerals Ltd is a Western Australia-focused exploration company specializing in new energy metals such as antimony, rare earth elements (REEs), lithium, and gold. The company operates multiple projects, including Yallalong, Byro, and East Kimberley, targeting valuable minerals like antimony, nickel, and platinum group metals (PGMs).
YTD Price Performance: -37.60%
Average Trading Volume: 574,541
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.76M
See more data about OCT stock on TipRanks’ Stock Analysis page.
