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Copper Search Ltd. ( (AU:CUS) ) has provided an update.
Copper Search Ltd. has secured a new exploration project, the Byrock Project, in the Lachlan Fold Belt, NSW, which is prospective for large-scale copper-gold porphyry deposits. The company has entered into an agreement with Nimrod Resources Limited to earn up to a 75% interest in the project. This project forms part of Copper Search’s refined strategy to identify large-scale economic deposits, leveraging their proprietary machine learning systems. The initiative is expected to fast-track drilling opportunities and maximize shareholder value, with drilling planned to commence in Q3 2025, subject to permitting.
More about Copper Search Ltd.
Copper Search Ltd. is a company engaged in the exploration of copper, gold, uranium, and other base metals. The company focuses on building a pipeline of large-scale drill targets primarily in Australia and North America, aiming to create significant shareholder value through discovery success.
YTD Price Performance: -3.33%
Average Trading Volume: 136,362
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$3.3M
Learn more about CUS stock on TipRanks’ Stock Analysis page.
