middle.news

Arcadia Advances Karibib Drilling; Swanson Funding Race Heats Up

4:06am on Monday 2nd of June, 2025 AEST Mining
Read Story

Arcadia Advances Karibib Drilling; Swanson Funding Race Heats Up

4:06am on Monday 2nd of June, 2025 AEST
Key Points
  • Planned 1,000m RC drilling program at Karibib targets skarn-type mineralisation
  • Competitive bidding underway to secure ~US$9.8 million for Swanson Tantalum Mine construction
  • Minimal activity on Bitterwasser Lithium and TVC Projects, with ongoing strategic discussions
  • Company maintains austerity measures, ending quarter with A$2,000 cash balance
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Arcadia Minerals (ASX:AM7)
OPEN ARTICLE