Buxton Resources Limited (AU:BUX) has released an update.
Buxton Resources Limited has announced promising geological findings at their Wolverine prospect, where a drone magnetics survey identified a significant cluster of magnetic anomalies indicative of a high-grade porphyry Cu-Mo system. The area, which has outcropping mineralization and no prior drilling, shows potential for copper discovery, as underscored by recent rock chip samples yielding 1.2% Cu and 383 ppm Mo. With permits secured from the Bureau of Land Management, Buxton plans further mapping, sampling, and an IP geophysical survey before commencing drilling activities.
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