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An update from Variscan Mines Limited ( (AU:VAR) ) is now available.
Variscan Mines Limited has announced progress in its maiden underground drilling campaign at the Udias Mine, with assay results expected soon. The drilling aims to expand the known mineral resource by targeting new areas outside the existing model, potentially enhancing the company’s resource base and market position. Additionally, the mine re-start study is advancing, with significant geotechnical and metallurgical tests underway, aligning with the company’s updated Explorer-Producer strategy.
More about Variscan Mines Limited
Variscan Mines Limited is a mining company focused on exploration and development, primarily targeting zinc-rich mineralization. The company operates in the mining industry, with a market focus on leveraging historical mining sites to establish new resources.
Average Trading Volume: 2,948,137
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7.83M
For an in-depth examination of VAR stock, go to TipRanks’ Stock Analysis page.
