Canterbury Resources Ltd. (AU:CBY) has released an update.
Canterbury Resources Ltd has announced promising drill results from the Briggs Copper Project, revealing significant near-surface high-grade copper zones, indicating potential for a major porphyry copper development. With recent capital funding, the company is set to expand its drilling efforts to further delineate these high-grade areas and progress with a Scoping Study. The latest drilling results meet the Stage 2 Earn-In requirements of their Joint Venture Agreement, elevating Alma’s stake in the project to 51%.
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