Encounter Resources Limited (AU:ENR) has released an update.
Encounter Resources Limited has initiated a significant drilling program at the Yeneena Copper Project, operated by IGO Limited under a lucrative earn-in agreement. With a blend of diamond and aircore drilling techniques, they aim to further investigate copper anomalies discovered in prior explorations. The current phase, including over 6,300 meters of drilling, is expected to yield results by late 2024, potentially expanding the known extent of copper-silver-palladium mineralization.
For further insights into AU:ENR stock, check out TipRanks’ Stock Analysis page.