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Barsele Minerals ( (TSE:FNM) ) just unveiled an update.
First Nordic Metals Corp. has initiated a top-of-bedrock drilling program on the Harpsund and Brokojan targets within the Paubäcken project in Sweden. This program aims to uncover the bedrock sources of significant anomalies identified in the region, which could potentially host mineral deposits. The drilling will involve up to 180 holes and will strategically test a 5 km zone, leveraging the efficient exploration technique that provides valuable geological data with minimal environmental impact. Insights from this initiative could enhance the company’s exploration and drilling strategies, possibly leading to significant mineral discoveries in the area.
More about Barsele Minerals
First Nordic Metals Corp. operates in the mineral exploration industry, focusing on identifying and developing gold and other valuable mineral resources. The company is primarily engaged in exploration activities within the Gold Line belt in northern Sweden, with projects like Paubäcken indicating its market focus on mineral deposit discovery and delineation.
YTD Price Performance: 27.63%
Average Trading Volume: 303,355
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$113.7M
See more data about FNM stock on TipRanks’ Stock Analysis page.
