Firetail Resources Advances Exploration at Picha Copper Project

Firetail Resources Limited ( (AU:FTL) ) has issued an update.

Firetail Resources Limited is advancing its exploration activities at the Picha Copper Project in Peru, focusing on the Ichucollo and Anta Q’illqa target zones. The company has initiated a UAV Magnetics Survey to enhance understanding of potential mineralization and is conducting soil sampling and geological mapping to refine drill targets. These efforts aim to identify significant copper deposits, with drill permitting for Phase 2 underway, which could strengthen Firetail’s position in the copper exploration industry.

More about Firetail Resources Limited

Firetail Resources Limited is a company involved in the exploration and development of mineral resources, with a focus on copper projects. The company operates the Picha Copper Project in Peru, where it holds a 70% stake, while Thunderbird Resources holds the remaining 30%.

YTD Price Performance: -42.50%

Average Trading Volume: 489,790

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$20.52M

For a thorough assessment of FTL stock, go to TipRanks’ Stock Analysis page.