Tempus Resources Ltd. (AU:SMM) has released an update.
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Somerset Minerals Ltd has expanded its mining portfolio with the acquisition of the prospective Prescott Project in Nunavut, Canada, and has initiated a comprehensive geophysical survey to explore its potential for copper and base metals. The company has also reported a significant gravity anomaly at the Miguel prospect, which may indicate the presence of substantial mineral deposits. Additionally, Somerset has sold the Valle del Tigre II mineral concession to Barrick Gold (Ecuador) S.A. for approximately A$475,000 and a future net smelter return.
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