BREAKING NEWS
Astute Metals (ASX:ASE) Raises $3M to Bolster Key Projects
January 24, 2023
Perth, Australia – Astute Metals Limited (ASX: ASE), a leading Australian gold and copper explorer, has successfully raised $3 million through a share placement to bolster its key projects and accelerate exploration activities.
This strategic capital raise will enable ASE to aggressively pursue its project development plans, with a strong focus on gold and copper exploration opportunities.
"Securing this new funding is a significant milestone for Astute Metals, and we’re excited to ramp up our exploration efforts across our portfolio of high-potential gold and copper projects," said [Name], ASE’s Managing Director.
The share placement, which was heavily supported by institutional and sophisticated investors, will fund the Company’s upcoming exploration programs, with a primary focus on the following:
- Continuing to drill at the high-grade gold prospect of Rutherford in Western Australia.
- Conducting follow-up exploration at the copper-gold prospect of Celia in the Northern Territory.
- Initiating exploration works at the Company’s new gold acquisition in the Kalgoorlie Region of Western Australia.
"We’re optimistic about the potential of our projects to deliver significant gold and copper discoveries and look forward to updating the market with exploration results as they come to hand," [Name] added.
Astute Metals Limited is a Perth-based mining exploration company focused on discovering and developing precious metal and base metal deposits across Western Australia and the Northern Territory. For more information, please visit the Company’s website at [Company website].
Media Contact:
[Name]
+61 8 9461 5800
[Email]
Investor Contact:
[Name]
+61 8 9461 5800
[Email]
Tags: Astute Metals, ASX:ASE, Australian Gold Exploration, Copper Exploration, Exploration News, Gold Mining, Copper Mining, Australian Mining, Mining News, Finance News, Share Placement, Share Market, Stock Market, Rutherford Project, Celia Project, Kalgoorlie Region
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