Connected Minerals Ltd. Stock Analysis CML.AX

Connected Minerals Ltd. engages in the business of exploration and potential development of its portfolio of projects based in Namibia and Western Australia. The company is headquartered in Perth, Western Australia. The firm is focused on the exploration and development of a portfolio of projects in Namibia and Western Australia. The company is targeting uranium discoveries in the prolific uranium producing province in Namibia. The company has also acquired 100% ownership in three granted exclusive exploration licenses in Western Australia. Its projects include Etango North-East Project, Swakopmund Project, Rossing South Project, Mt Genoa Project, Civilisation Bore Project, and the Pallingup Project. The Etango North-East Project comprises the granted exclusive prospecting licence (EPL) over 6933 located in the western part of Namibia, situated within the Namib-Naukluft National Park and Dorob National Park and covers an area of 30 square kilometers (km2). The company also holds a royalty interest over various mining tenements located in Western Australia, which form part of the Coolgardie Gold Project owned by Focus Minerals Ltd.