Tempus Resources Ltd. (AU:SMM) has released an update.
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Somerset Minerals Ltd has announced its acquisition of the Coppermine Project in Nunavut, Canada, which boasts a significant land package with high-grade copper potential. The project includes 1,055 km² of the Copper Creek Formation and hosts numerous historical copper occurrences, with plans for exploration set to commence in early 2025. This strategic acquisition positions Somerset to capitalize on the rich mineral resources surrounding White Cliff Minerals’ properties.
For further insights into AU:SMM stock, check out TipRanks’ Stock Analysis page.