FinTechFunding

Enegex: Awarded additional exploration licences in WA

  • Enegex (ENX) has awarded an additional eight exploration licences in the South West Terrane in WA
  • The company now has 18 granted licences across 3460 square kilometres as part of its South West Terrane
  • ENX is targeting high-grade nickel, copper and platinum group elements mineralisation within the terrane
  • ENX is targeting “Julimar style” mineralisation across its own terrane, as regional geophysical and geological data shows the areas to be similar
  • The company is now carrying out a desktop study of all of the tenements to help generate exploration targets
  • Shares in ENX are trading 18 per cent in the green at 7.2 cents per share
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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