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Star Minerals Ltd. ( (AU:SMS) ) has provided an announcement.
Star Minerals Ltd. announced significant progress in its Cobra Uranium Project in Namibia, as it received shareholder approval for the Earn-in and Exploration Rights Agreement, strategically positioning itself near major uranium mines. The company also initiated drill planning for the Tumblegum South Project in Western Australia, aiming to explore potential high-grade gold lodes, while raising funds through a rights issue and adjusting agreements with Madison Metals to support its exploration activities.
More about Star Minerals Ltd.
Star Minerals Ltd. operates within the mining industry, focusing on exploration and development of mineral resources. The company is involved in uranium and gold projects, with a primary focus on the Cobra Uranium Project in Namibia and the Tumblegum South Project in Western Australia.
YTD Price Performance: -2.78%
Average Trading Volume: 144,160
Technical Sentiment Consensus Rating: Sell
For detailed information about SMS stock, go to TipRanks’ Stock Analysis page.
