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Kingfisher Metals ( (TSE:KFR) ) just unveiled an update.
Kingfisher Metals Corp. has entered into a definitive agreement to acquire the Hickman Project from Golden Ridge Resources Ltd. This strategic acquisition, which includes two claims totaling 3,008 hectares, expands Kingfisher’s HWY 37 Project to 849 square kilometers. The Hickman Project is notable for its copper-gold geochemical anomaly, with recent rock sampling revealing significant copper and gold content. By securing this project, Kingfisher aims to enhance its exploration potential within a region known for its rich mineral deposits, thereby strengthening its position in the mining sector and offering promising opportunities for stakeholders.
More about Kingfisher Metals
Kingfisher Metals Corp. operates in the mining industry, focusing primarily on the exploration and development of mineral properties. The company is involved in projects that are highly prospective for copper and gold, particularly within the Golden Triangle region of Northwest British Columbia.
YTD Price Performance: -2.50%
Average Trading Volume: 45,873
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$8.42M
See more insights into KFR stock on TipRanks’ Stock Analysis page.