Sandfire Resources Limited (AU:SFR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Sandfire Resources Limited announces a significant update to the Mineral Resource and Ore Reserve estimates for their MATSA asset in Spain, with an increase in contained mineral resources and ore, including copper and zinc. The updates reflect replacement of mining depletion and the addition of new material, showcasing potential growth and the discovery of new zones contributing to the reserves. The company emphasizes the untapped potential in the Iberian Pyrite Belt and a strong focus on near-mine exploration to extend mine life.
For further insights into AU:SFR stock, check out TipRanks’ Stock Analysis page.