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Atacama Copper Corporation ( (TSE:FMT) ) just unveiled an announcement.
Fuerte Metals Corporation has announced significant findings at its 100% owned Placeton Project in Chile, which is strategically positioned between major copper-gold deposits. The project area includes two promising porphyry copper-gold targets, Placeton and Caballo Muerto, which have been identified through recent geophysical surveys and historical data analysis. These targets have never been drilled despite their potential and location within a prominent copper porphyry district. The company plans to advance to the drilling stage to further explore these targets. This development could enhance Fuerte Metals’ positioning in the copper-gold mining sector, potentially attracting attention from stakeholders interested in new exploration opportunities within a prolific mining region.
More about Atacama Copper Corporation
YTD Price Performance: -3.57%
Average Trading Volume: 26,070
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$28.67M
See more data about FMT stock on TipRanks’ Stock Analysis page.