Mila Resources PLCLSE Mila Resources Stock Report

Mila Resources Plc engages in acquiring a target company, business, or assets. The principal activity of the Company is identifying potential companies, businesses or assets for acquisition acting as a post discovery accelerator. The firm is focused on the exploration and expansion of the Kathleen Valley Gold Project in Western Australia. Kathleen Valley is located in the Wiluna-Norseman gold belt in Western Australia, a tier one mining jurisdiction which is among the gold regions in Australia and home to a number of mining operations, including the adjacent, high-grade Bellevue Gold Project, which exhibits similar geological characteristics to Kathleen Valley, with gold-silver mineralization occurring within the same Mt Goode Basalt sequence. The Kathleen Valley Gold Project consists of a single exploration license, E36/876, covering an area of approximately 7.25 square kilometers, approximately 30 kilometers north of the town of Leinster.