White Energy Confirms Promising IOCG Potential at Coronation Prospect

White Energy Company Limited ( (AU:WEC) ) just unveiled an update.

White Energy Company Limited has reported the results of its recent drilling campaign at the Coronation prospect in South Australia, confirming the presence of key lithologies associated with significant IOCG mineral deposits. The drilling, conducted within the Olympic Dam G9 structural corridor, has identified promising geological formations that align with known mineral-rich areas, potentially enhancing the company’s exploration prospects and positioning in the mining sector.

More about White Energy Company Limited

White Energy Company Limited operates in the mining industry, focusing on exploration and development projects. The company is involved in identifying and analyzing mineral deposits, particularly in South Australia, with a focus on iron oxide-copper-gold (IOCG) systems.

YTD Price Performance: 42.50%

Average Trading Volume: 896

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $3.5M

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