Korab Resources Secures Renewal for Rum Jungle Exploration

Korab Resources Limited (AU:KOR) has released an update.

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Korab Resources Limited has secured a renewal for its Exploration Licence EL29550 at the Rum Jungle Project in Northern Territory, Australia, extending until July 2026. The project spans 172 square kilometers and is rich in a variety of minerals, including magnesium, gold, and cobalt. The company is actively conducting high-resolution gravity surveys to explore these mineral prospects further.

For further insights into AU:KOR stock, check out TipRanks’ Stock Analysis page.

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