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The latest announcement is out from Firetail Resources Limited ( (AU:FTL) ).
Firetail Resources Limited has announced significant findings from its initial prospecting activities at Earl’s Target, part of the Skyline Copper Project in Newfoundland, Canada. The prospecting identified an 800-meter strike trend of copper-only VMS-style mineralization, suggesting a potential Cyprus-style deposit. This discovery highlights the untapped exploration potential of the Skyline Project, which has not yet been subjected to extensive geophysical surveys. The company is also progressing with due diligence on its recent acquisitions, the Excelsior Springs Gold Project and the Bella Gold Project, indicating a strategic expansion in its exploration activities.
More about Firetail Resources Limited
Firetail Resources Limited is a company involved in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary projects include the Skyline Copper Project in Canada and recent acquisitions such as the Excelsior Springs Gold Project in Nevada and the Bella Gold Project in South Dakota.
Average Trading Volume: 422,339
Technical Sentiment Signal: Hold
Current Market Cap: A$28.12M
Learn more about FTL stock on TipRanks’ Stock Analysis page.