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Firetail Resources Limited ( (AU:FTL) ) has shared an update.
Firetail Resources Limited has significantly increased its landholding at the Excelsior Gold Project in Nevada, incorporating multiple undocumented small-scale workings. The expanded land position includes areas with significant copper rock chip results and previously unrecognized workings, which require further exploration to assess their potential. The project also features a northeastern extension with felsic intrusives known to host substantial gold mineralization, presenting a significant exploration target. The company is actively conducting field mapping and sampling to finalize plans for diamond drilling aimed at extending high-grade gold mineralization. This expansion and ongoing exploration activities are expected to enhance Firetail’s geological understanding and unlock the project’s scale potential, potentially impacting its industry positioning and stakeholder interests.
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 gold and copper exploration projects, with a market focus on expanding its landholdings and resource potential in key regions.
Average Trading Volume: 470,213
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$32.68M
For an in-depth examination of FTL stock, go to TipRanks’ Overview page.