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CuFe Limited Doubles Mineral Resource at Orlando Deposit

Story Highlights
  • CuFe Limited updates its Orlando resource, increasing copper and gold significantly.
  • The resource expansion strengthens CuFe’s market position and future mining potential.
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CuFe Limited Doubles Mineral Resource at Orlando Deposit

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CuFe Limited ( (AU:CUF) ) just unveiled an announcement.

CuFe Limited has announced a significant update to its Orlando Copper/Gold Resource at the Tennant Creek Project, with the new Mineral Resource Estimate showing an 88.6% increase in copper metal tonnes and a 120% increase in gold ounces compared to the previous estimate. This update, based on a comprehensive analysis of the full drill hole data set, enhances the total resource base significantly, aiding in the ongoing scoping study and development options, and strengthening CuFe’s position within the industry. The resource extends over previously mined areas, offering substantial potential for future mining operations.

More about CuFe Limited

CuFe Limited is a company involved in the mining industry, focusing specifically on copper and gold resources. The company operates within the Tennant Creek Mineral Field, managing the Orlando Copper/Gold Resource among others.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €8.8M

For an in-depth examination of CUF stock, go to TipRanks’ Stock Analysis page.

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