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ASX penny stocks – resources – Western Australia – Tanami

NOTE: WA FY23 State Budget allocates an additional $100m, alongside the $400m Federal allocation, to completely seal the Tanami Road, which will definitely boost the regional activities to this relative greenfield area. NST sold its Coyote Gold Project (was on C&M) to BC8 in April 2022. ASX penny stocks, PVW and HMG, are exploring in the region. PVW is searching for REE on the north side while HMG focuses on gold at the south.