Canterbury Resources Ltd. (AU:CBY) has released an update.
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Canterbury Resources Ltd. reports promising results from its 2024 drilling program at the Briggs copper-molybdenum project in Queensland, with recent assays revealing broad intervals of high-grade copper mineralization. This advancement bolsters the potential for cost-effective, high-yield copper production in the early stages of a conceptual mining operation. The project, supported by Alma Metals Ltd. under a joint venture agreement, is progressing towards a Scoping Study and aims to enhance resource confidence.
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