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Canterbury Resources Ltd. ( (AU:CBY) ) just unveiled an announcement.
Canterbury Resources Limited has reported significant progress in its Briggs Copper Project, with metallurgical tests showing high copper recovery rates and an updated Mineral Resource Estimate indicating increases in resource tonnage and contained metals. The company is also advancing its exploration activities in Papua New Guinea and Queensland, supported by government funding and strategic acquisitions, which could enhance its operational capabilities and financial returns.
More about Canterbury Resources Ltd.
Canterbury Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include copper, molybdenum, and gold, with a market focus on large-scale mining operations in regions like Queensland, Australia, and Papua New Guinea.
YTD Price Performance: -4.55%
Average Trading Volume: 368,208
Technical Sentiment Signal: Buy
Current Market Cap: A$4.15M
For a thorough assessment of CBY stock, go to TipRanks’ Stock Analysis page.