An announcement from Firetail Resources Limited ( (AU:FTL) ) is now available.
Firetail Resources Limited reported significant advancements in its Skyline Copper Project in Canada and Picha Project in Peru for the March 2025 quarter. The company received encouraging assay results from its maiden drilling program at Skyline, confirming mineralization continuity and identifying new exploration targets. The Picha Project was selected for BHP Xplor’s accelerator program, providing funding and technical support to accelerate exploration efforts. Additionally, a $2.8 million share placement was completed to support ongoing exploration activities.
More about Firetail Resources Limited
Firetail Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in copper exploration, with significant projects in Canada and Peru, and has recently divested its lithium rights in Australia.
YTD Price Performance: -32.50%
Average Trading Volume: 525,085
Technical Sentiment Signal: Buy
Current Market Cap: A$20.52M
For a thorough assessment of FTL stock, go to TipRanks’ Stock Analysis page.