Viridis Mining and Minerals Limited (AU:VMM) has released an update.
Viridis Mining and Minerals Limited has announced the granting of Cupim South Mining Licenses and Centro Sul Exploration Licenses, forming a continuous 17.69km2 corridor that boasts the world’s highest-grade individual IAC deposit. The company has settled all liabilities, environmental reports are in place, and aggressive exploration is underway, with over 102 pending drill results expected soon. CEO Rafael Moreno highlights the significance of these tenements to the company’s development strategy and the potential for Colossus to become one of the lowest cost Rare Earth Element producers globally.
For further insights into AU:VMM stock, check out TipRanks’ Stock Analysis page.
