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Norseman Capital ( (TSE:FTZ) ) has issued an announcement.
Fitzroy Minerals Inc. has reported promising results from its Phase 2 drilling program at the Buen Retiro Copper Project in Copiapó, Chile. The company has successfully intersected copper mineralization in multiple drill holes, extending the known mineralization along a 985-meter strike. This expansion highlights the potential for increased dimensions of future mining operations, with the company focusing on shallow material that is expected to leach well. The ongoing exploration efforts, including planned reverse circulation drilling, aim to accelerate resource delineation and advance towards production, leveraging existing infrastructure advantages.
More about Norseman Capital
Average Trading Volume: 246,099
Technical Sentiment Signal: Buy
Current Market Cap: C$81.65M
Find detailed analytics on FTZ stock on TipRanks’ Stock Analysis page.