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Firetail Resources Limited ( (AU:FTL) ) just unveiled an update.
Firetail Resources Limited announced significant progress in its Skyline Copper Project in Newfoundland, with successful drill programs revealing promising copper, zinc, and silver mineralization. The company is also actively processing geophysical surveys and has expanded mineralized intervals through core resampling. Additionally, Firetail has been selected for the BHP Xplor 2025 Cohort, securing up to US$500,000 in funding to further its exploration efforts at the Picha Project in Peru. The company is divesting non-core assets, including the sale of lithium rights for $275,000, as it refocuses on its copper strategy.
More about Firetail Resources Limited
Firetail Resources Limited operates in the mining sector, focusing on copper exploration and development. The company is actively involved in projects across Canada and Peru, with a strategic emphasis on copper-dominated growth, notably through its Skyline Copper Project in Newfoundland and the Picha Project in Peru.
YTD Price Performance: -12.50%
Average Trading Volume: 226,820
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$24.86M
For an in-depth examination of FTL stock, go to TipRanks’ Stock Analysis page.
