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Encounter Resources Begins Drilling at Haddon Copper Prospect

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Encounter Resources Begins Drilling at Haddon Copper Prospect

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Encounter Resources Limited ( (AU:ENR) ) has provided an announcement.

Encounter Resources Limited has commenced reverse circulation drilling at the Haddon copper prospect, part of its Yeneena Copper Project in the Paterson Province, WA. The drilling targets a large electromagnetic resistive feature, with previous aircore drilling indicating a highly anomalous copper sulphide gossan. This initiative is part of Encounter’s broader exploration efforts across two major mineral provinces, with expectations of significant findings that could enhance its industry positioning and stakeholder value.

More about Encounter Resources Limited

Encounter Resources Limited is a company engaged in the exploration of mineral resources, primarily focusing on copper and other base metals. The company operates in major mineral provinces such as Paterson and West Arunta in Western Australia, aiming to discover and develop significant mineral deposits.

YTD Price Performance: 10.77%

Average Trading Volume: 458,640

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$180.2M

For an in-depth examination of ENR stock, go to TipRanks’ Overview page.

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