Buxton Resources Limited (AU:BUX) has released an update.
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Buxton Resources Limited has announced promising assay results from its 2024 drilling program at Graphite Bull, featuring shallow, high-grade graphite intersections, such as 50 meters at 24.9% TGC and 10 meters at 37.3% TGC. With geological modeling underway and a new resource estimate expected by early 2025, these results bolster the potential for economic extraction using open-pit methods. Buxton’s focus on resource upgrades and strategic planning highlights the project’s investment appeal.
For further insights into AU:BUX stock, check out TipRanks’ Stock Analysis page.
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