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Australasian Metals Advances High-Purity Quartz and Bauxite Projects with $2.6M Cash Buffer
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Australasian Metals Advances High-Purity Quartz and Bauxite Projects with $2.6M Cash Buffer
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Entered option agreement for Dingo Hole Highly Pure Quartz Project
Maiden exploration target estimates up to 42.6 million tonnes of high-grade quartz
Significant gallium assays averaging 67.59 g/t at May Queen South Bauxite project
Cash reserves of approximately $2.62 million with $750,000 raised post-quarter
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