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Zinc of Ireland NL ( (AU:ZMI) ) has shared an announcement.
In its latest quarterly report, Zinc of Ireland NL highlights several strategic moves, including the acquisition of an exploration licence for the Murchison Gold Project in Western Australia, which aims to enhance their gold exploration portfolio. The company also streamlined its holdings by surrendering less promising licences in Canada and Western Australia, while focusing on high-potential targets in Ireland’s Rathdowney Trend. The decision to raise $1.07 million through share placement reflects an effort to bolster financial resources and attract investors, with the intention to pursue mergers and acquisitions actively.
More about Zinc of Ireland NL
Zinc of Ireland NL is a base metals exploration company primarily focused on zinc and lead projects. The company is active in the exploration of precious metals, including gold, with ongoing projects in regions such as Western Australia and Ireland. Their market focus includes strategic expansion in mineral-rich areas and leveraging partnerships for funding and exploration activities.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €3.39M
Find detailed analytics on ZMI stock on TipRanks’ Stock Analysis page.
