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Taiton Resources Limited ( (AU:T88) ) has issued an update.
Taiton Resources Limited has announced the acquisition of 24.28 hectares of land at the Kingsgate Project in New South Wales, previously used for trial mining by Auzex Resources Limited. The company conducted field exploration and collected quartz samples, which revealed high purity levels of SiO2, ranging from 99.53% to 99.99%, indicating promising potential for further development. This acquisition and exploration activity enhances Taiton’s operational capabilities and positions it strategically within the minerals market, potentially benefiting stakeholders and reinforcing its industry presence.
More about Taiton Resources Limited
Taiton Resources Limited is a company operating in the resources sector, focusing on exploration and mining activities. Their primary operations include the acquisition and development of land rich in minerals such as molybdenum, bismuth, and high purity quartz, with a specific focus on projects in New South Wales, Australia.
YTD Price Performance: -14.29%
Average Trading Volume: 11,218
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$8.93M
Learn more about T88 stock on TipRanks’ Stock Analysis page.
