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Canterbury Resources Ltd. ( (AU:CBY) ) has issued an update.
Canterbury Resources Limited has released an amended Quarterly Activities Report for the period ending 31 March 2025, highlighting significant advancements in its Briggs Copper Project. The report notes the removal of VTEM geophysical data references and updates to the Mineral Resource Estimate (MRE), which now shows increased resource tonnage and contained metals, including copper, molybdenum, and silver. The Queensland Government’s funding support for further exploration and the company’s ongoing field activities in Papua New Guinea and Queensland underscore Canterbury’s strategic efforts to enhance its resource base and project pipeline.
More about Canterbury Resources Ltd.
Canterbury Resources Limited is a company operating in the mining industry, primarily focused on the exploration and development of copper and gold projects. The company is involved in various projects across Australia and Papua New Guinea, with a market focus on enhancing resource estimates and advancing exploration activities.
Average Trading Volume: 161,460
Technical Sentiment Signal: Sell
Current Market Cap: A$3.64M
See more insights into CBY stock on TipRanks’ Stock Analysis page.