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The latest announcement is out from BeMetals ( (TSE:BMET) ).
BeMetals Corp. has initiated a new core drilling program at its Pangeni Copper Project in Zambia, aiming to expand the existing mineralized footprint and identify additional copper zones. The project shows promising potential, with mineralization comparable to the Lumwana Copper Mine’s Chimiwungo Deposit, indicating a large-scale mineralized system. The company’s exploration efforts are bolstered by favorable geological settings and untested anomalies, suggesting significant upside potential for discovering a substantial copper deposit.
More about BeMetals
BeMetals Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. The company primarily engages in copper exploration, with a significant market focus on the Zambian Copperbelt, one of the world’s most productive copper regions.
YTD Price Performance: -27.50%
Average Trading Volume: 18,477
Technical Sentiment Signal: Buy
Current Market Cap: $6.39M
Learn more about BMET stock on TipRanks’ Stock Analysis page.