Latest 49 Metals (ASX:49M) News

Speculation ran hottest in junior resources, where drilling hits, study results and funding deals drove some extreme weekly moves. Rare earths, gold and dealmaking set the pace, while several capital raisings and acquisitions produced mixed reactions.

49 Metals has confirmed and extended a high-grade gold feeder structure at its Gold Mountain project in Nevada, with drilling revealing significant gold mineralisation and promising signs of a larger epithermal system.

49 Metals has secured eight additional patented mining claims at its Gold Mountain Project in Nevada, enhancing operational flexibility and exploration potential without extra expenditure.

49 Metals Limited (ASX:49M) raised $10 million in its IPO and began reverse circulation drilling at its Nevada Gold Mountain project, marking its debut quarter as a listed entity.

49 Metals Limited has secured $10 million through its IPO to fund a detailed exploration campaign in Nevada’s Walker Lane Trend, including an 8,000-metre drilling program at the Gold Mountain project targeting high-grade gold zones.