Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
CuFe Limited ( (AU:CUF) ) has provided an announcement.
CuFe Ltd announced an increase in the Indicated Resource classification at its Orlando deposit, raising it from 42% to 56% following a QAQC review. This improvement enhances the confidence level of the resource, which is crucial for the upcoming Orlando Scoping Study. The update, based on a re-evaluation of existing data and without additional drilling, supports a more robust foundation for ongoing project evaluation and impacts the company’s operational confidence and industry positioning.
More about CuFe Limited
CuFe Ltd is a company operating in the mining industry, primarily focusing on copper and gold resources. It is involved in the exploration and development of mineral resources, with a significant stake in the Tennant Creek Project, which includes the Orlando Copper/Gold Resource.
Average Trading Volume: 2,472,024
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$12.12M
See more data about CUF stock on TipRanks’ Stock Analysis page.