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The latest update is out from CuFe Limited ( (AU:CUF) ).
CuFe Limited has announced a substantial update to its Mineral Resource Estimate (MRE) for the Orlando Copper/Gold Resource at the Tennant Creek Project, reflecting an 88.6% increase in copper metal tonnes and a 120% rise in gold ounces since the previous 2023 estimate. This updated resource, which now totals 5.95 Mt at 1.16% Cu and 1.5 g/t Au, provides critical input for the ongoing Tennant Creek Alliance scoping study and potential independent development options, significantly impacting the company’s resource base and industry positioning.
More about CuFe Limited
CuFe Limited operates in the mining industry, focusing primarily on copper and gold extraction. The company is engaged in developing mineral resources, particularly at their Tennant Creek Project, where they have a significant stake in the Orlando Copper/Gold Resource.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €6.79M
For detailed information about CUF stock, go to TipRanks’ Stock Analysis page.
