NickelX Limited (ASX: NKL) signed a binding tenement sale agreement to acquire 100% of tenement E57/1045, also known as the Penny South Gold Project. This strategic move places it right next to one of the highest-grade gold mines in production in Western Australia and an area currently experiencing significant merger and acquisition activity.
The company is confident that the limited deeper drilling and lack of diamond drilling present an opportunity to unlock substantial value at depth, and it is eager to pursue this potential as the demand for gold continues to grow.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
