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Viridis Mining and Minerals Limited ( (AU:VMM) ) has issued an announcement.
Viridis Mining and Minerals Limited has announced a significant upgrade to the mineral resource estimate for its Colossus Rare Earth Element Project, positioning it as the leading ionic adsorption clay project globally. The updated estimate marks a 140% increase in resource size, highlighting Colossus as a major source of critical rare earth elements. This development is expected to bolster the company’s industry position and provide substantial value to stakeholders.
More about Viridis Mining and Minerals Limited
Viridis Mining and Minerals Limited is a resource exploration and development company with operations in Brazil, Canada, and Australia. The company focuses on a variety of projects, including the Colossus Project for rare earth elements, the South Kitikmeot and Boddington West Projects for gold, the Bindoon Project for nickel, copper, and platinum group elements, and the Poochera and Smoky Projects for kaolin-halloysite.
YTD Price Performance: 21.21%
Average Trading Volume: 159,974
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$787.7K
For detailed information about VMM stock, go to TipRanks’ Stock Analysis page.
