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CuFe Limited Reports Strong Progress in Tennant Creek and Camp Creek Projects

Story Highlights
  • CuFe Limited’s Tennant Creek project shows strong economic potential with a $355m NPV.
  • High-grade iron ore findings at Camp Creek indicate promising development prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CuFe Limited Reports Strong Progress in Tennant Creek and Camp Creek Projects

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CuFe Limited ( (AU:CUF) ) just unveiled an announcement.

CuFe Limited has made significant progress in its Tennant Creek Copper/Gold project, with a scoping study revealing strong economic potential for the Orlando open pit project. The study estimates a net present value of $355 million, which could increase to $462 million with spot pricing. The company is also working on upgrading the Gecko resource and exploring opportunities to share plant capital costs with alliance partners. Additionally, CuFe reported high-grade iron ore findings at its Camp Creek exploration project, indicating promising prospects for further development.

More about CuFe Limited

CuFe Limited is a company operating in the mining industry, focusing on copper, gold, and iron ore projects. The company is involved in exploration and development activities, with a market focus on enhancing its resource base and optimizing project economics through strategic partnerships.

Average Trading Volume: 1,212,734

Technical Sentiment Signal: Sell

Current Market Cap: A$13.47M

For detailed information about CUF stock, go to TipRanks’ Stock Analysis page.

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