Coppermoly Limited (AU:COY) has released an update.
Coppermoly Limited has successfully completed a 728-meter reverse circulation drilling program at the Shuffleton Prospect, based on previous geophysical surveys. The company is also progressing with its exploration efforts in the Mount Isa region, holding a cash reserve of about $1.9 million and securing agreements for exploration permits. With two granted and five applied tenements, Coppermoly is expanding its portfolio in one of the world’s most promising areas for copper-gold deposits.
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