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An announcement from Tambourah Metals Ltd ( (AU:TMB) ) is now available.
Tambourah Metals Ltd announced significant findings of antimony grades up to 5% in its Speewah North project, identified through historic rock chip sampling. The project, located in the Speewah Dome, is being reviewed with a planned field program to validate these findings in early 2025. This development could enhance Tambourah’s strategic position in the critical minerals market, as antimony is gaining importance in Australia. The company plans to conduct due diligence to potentially acquire the site, which could impact infrastructure and development in the region.
More about Tambourah Metals Ltd
Tambourah Metals Ltd operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is involved in the identification and extraction of precious and base metals. With projects such as Speewah North, Tambourah is aiming to leverage Australia’s critical minerals sector, particularly targeting antimony, which has gained increased significance.
YTD Price Performance: 20.0%
Average Trading Volume: 427,523
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on TMB stock on TipRanks’ Stock Analysis page.