Future Metals NL (AU:FME) has released an update.
Future Metals NL has identified multiple drilling targets for nickel-copper sulphide mineralisation along the 18km Alice Downs Corridor, with significant historic intersections suggesting resource potential. The company is gearing up for a drilling program in the upcoming dry season, while strategically managing cash resources amid low PGM prices, and has completed a A$3.3 million rights issue. Strategic Board changes have been made to support the development of its Panton PGM Project and to evaluate acquisition opportunities.
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