Polymetals Resources Ltd. (AU:POL) has released an update.
Polymetals Resources Ltd reported spending $91,000 on exploration and $993,000 on project development, mainly for care and maintenance of the Endeavor mine, with no production activity this quarter. The company fully repaid a loan to Deering Nominees and partly to Meadowhead Investments, issuing shares to settle the remaining debt. It holds full ownership of several mining tenements, with its Endeavor tenements pending acquisition completion.
For further insights into AU:POL stock, check out TipRanks’ Stock Analysis page.
