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An announcement from Firetail Resources Limited ( (AU:FTL) ) is now available.
Firetail Resources Limited has announced an acceleration of its exploration program at the Picha Project in Peru, supported by funding and technical guidance from BHP’s Xplor 2025 Program. The company has identified a new target area with potential porphyry-style mineralization and is taking steps to secure additional mineral claims and complete a property-wide gravity survey. The project is expected to benefit from a significant grant and in-kind services from BHP, enhancing its potential to develop large-scale mineral deposits. This development could improve Firetail’s industry positioning and offer significant opportunities for stakeholders, given the promising drill results and strategic support from a major industry player.
More about Firetail Resources Limited
Firetail Resources Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is involved in projects that target large-scale mineral deposits, with a market focus on copper exploration and extraction.
YTD Price Performance: -25.00%
Average Trading Volume: 158,573
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$19.89M
See more insights into FTL stock on TipRanks’ Stock Analysis page.
