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Woomera Mining Ltd. ( (AU:OB1) ) has shared an update.
Orbminco Limited has identified significant new drill targets at its Bronze Fox Copper-Gold Project in Southern Mongolia. Recent trench sampling and past drilling results suggest the potential for higher-grade copper and gold resources, especially in the western extension of the West Kasulu resource. Plans are in place to conduct further geophysical surveys and geological mapping, aiming to refine targets for a high-priority drilling program in Q2 2025. Additionally, the Shuteen North target is being explored as a potential new large-scale discovery, which may enhance the project’s overall value and strategic importance.
More about Woomera Mining Ltd.
Orbminco Limited is a mining company operating in the Southern Gobi Copper-Gold belt of Mongolia. The company focuses on exploration and development projects, particularly targeting copper and gold resources.
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$3.25M
Find detailed analytics on OB1 stock on TipRanks’ Stock Analysis page.
