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The latest announcement is out from CuFe Limited ( (AU:CUF) ).
CuFe Ltd announced a significant update to its Gecko and Orlando projects, with a 400% increase in contained copper metal at Gecko and an improved confidence level at Orlando. The Tennant Creek project is now one of the largest copper deposits in the Northern Territory, and a scoping study for the Orlando open pit project demonstrated robust economic potential. The company also completed a strategic private placement to raise $5.4 million, which will support further drilling and exploration activities.
More about CuFe Limited
CuFe Ltd is a company operating in the mining industry, primarily focused on copper and gold projects. The company is involved in the exploration and development of mineral resources, with a significant market focus on its Tennant Creek project in the Northern Territory, Australia.
YTD Price Performance: 370.0%
Average Trading Volume: 6,708,221
Technical Sentiment Signal: Buy
Current Market Cap: A$71.61M
See more data about CUF stock on TipRanks’ Stock Analysis page.