Canterbury Resources Ltd. (AU:CBY) has released an update.
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Canterbury Resources Ltd. has reported strong results from its 2024 drilling program at the Briggs copper-molybdenum project in Queensland, revealing higher-than-average mineral grades. The program has successfully delineated broad zones of shallow, higher-grade mineralisation, which is expected to enhance their upcoming Scoping Study and potential mining operations. Alma Metals Ltd. continues to fund the project under an Earn-In Agreement, aiming for a significant stake by 2031.
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