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Asian Battery Metals Raises A$3.96M to Accelerate Drilling at High-Grade Oval Discovery

5:42am on Monday 2nd of June, 2025 AEST Mining
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Asian Battery Metals Raises A$3.96M to Accelerate Drilling at High-Grade Oval Discovery

5:42am on Monday 2nd of June, 2025 AEST
Key Points
  • Oversubscribed A$3.96M capital raise completed
  • Phase 3 drilling commenced at Oval Cu-Ni-PGE discovery targeting deeper extensions
  • Government approvals and license renewals secured through 2028
  • Metallurgical test work initiated to assess recovery and processing
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