Sunday, December 14, 2025
7.1 C
London

DMC Mining: Confirms copper anomalism at Gibb River, WA

DMC Mining Confirms copper anomalism at Gibb River, WA

  • DMC Mining (DMM) confirms copper anomalism at the Gibb River project in Western Australia following a sampling program
  • The company collected 27 rock chip and 11 soil samples from the Middle to Lower member contact zone which returned copper values of up to 315 parts per million
  • The results also validate sampling and drilling completed in the 1970s which also showed widespread copper anomalism in the same area
  • Executive Chair David Sumich says the results are “encouraging” and indicate that Gibb River represents an “outstanding” exploration project
  • Shares in DMCMining are down 21.7 per cent, trading at 11.8 cents at 2:41 pm AEDT

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities for founders

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

Airwallex: Your Global Business Account

Airwallex: A global business account, built for the modern...

Do Kwon Sentenced to 15 Years for Terraform’s Massive Fraud Scheme

Court ruling marks a significant moment for cryptocurrency accountability. Highlights:...

Nationwide Fined $44 Million for Ineffective Financial Crime Controls

The financial institution faces penalties for subpar compliance measures. Highlights:...

Grasshopper Bank Acquired by Enova for $369 Million in Strategic Move

Acquisition aims to enhance Enova's digital banking capabilities and...

JPMorgan Enables US Commercial Paper Issuance for Galaxy Holdings on Solana

A significant step in the intersection of traditional finance...

Mollie Announces Strategic Acquisition of GoCardless to Enhance Payments

The acquisition aims to provide seamless payment solutions for...

BIS and Central Banks Trial Post-Quantum Cryptography for Payments

Exploring security solutions for the future of digital transactions. Highlights:...

Mollie Set to Acquire GoCardless in Strategic Fintech Expansion

This acquisition promises to enhance payment solutions for businesses...

Tandem Bank Appoints Former B CTO as Chief Technology Officer

Strategic leadership shift aims to enhance Tandem's tech capabilities. Highlights:...
spot_img

Related Articles

Popular Categories

spot_imgspot_img