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Metals One Expands Swales Gold Property with Additional Claims in Nevada

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Metals One PLC (LSE:MET1) has significantly increased its holdings at the Swales Gold Property in Nevada by acquiring 99 new mining claims. This expansion raises the company’s total land position in the Carlin Trend region to around 2,780 acres. The enlarged footprint positions Metals One to capitalize on the area’s promising gold geology, with plans to extend its Phase 1 exploration activities to include detailed geological mapping and surface sampling. This strategic move reflects Metals One’s intent to boost its exploration potential amid robust gold market conditions, signaling a possible new direction into gold exploration.

About Metals One PLC

Metals One PLC specializes in mineral exploration and development, focusing on critical metals vital for the global clean energy transition. The company’s portfolio spans Northern Europe and North America, targeting key resources such as copper, nickel, cobalt, zinc, uranium, and vanadium. Metals One is dedicated to responsibly supplying strategic minerals to meet the growing demand in Europe and the United States.

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  • Technical Sentiment: Buy

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