(MENAFN- Investor Ideas) Mining Stock News Bites - AM Resources Corporation (TSXV: AMR ) (Frankfurt: 76A), a dynamic junior mining company focused on the exploration and development of high-potential pegmatite deposits, traded up at $0.0450, gaining 0.0200 or 80.0000% on news.
AM Resources Corporation announced the Acquisition of a significant land package totaling 1,500 km 2 through map staking in Austria. The newly acquired land is located in the Austrian Pegmatite Belt within the Austroalpine Nappes, known for its geological diversity and rich mineral endowment.
Newly acquired 1,500 km 2 land package gives AM Resources control over a large area of the Austrian Pegmatite Belt.
New land package includes the Frederick Property, where 112 pegmatites were identified over an area of 52.25 km 2 .
AM Resources properties are located within a 620 km radius of 14 battery plants.
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