Copper Search Ltd. (AU:CUS) has released an update.
Copper Search Ltd. has launched a promising six-week drilling program at their Peake Project in South Australia to explore high-priority copper prospects. The exploration targets, which include the Paradise Dam and Douglas Creek Prospects, are backed by strong geophysical anomalies and could represent significant shareholder value if successful. With over $4 million in funding following a recent capital raise, the company is well-positioned to carry out the $0.8 million budgeted drill program.
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