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Norseman Capital ( (TSE:FTZ) ) has issued an announcement.
Fitzroy Minerals reported new drilling results from its Buen Retiro and Caballos projects in northern Chile, highlighting shallow sulphide and oxide copper intersections that extend the Buen Retiro Southwest oxide zone to 1.7 km and confirm a Candelaria-style sulphide target in the north. At Caballos, final 2025 drill results expanded the strike length of mineralized hydrothermal breccias and revealed porphyry-style features, prompting a 2026 program that includes over 13,000 m of new drilling and ground and airborne geophysical surveys aimed at defining deeper porphyry sources and refining drill targeting, which could materially enhance the scale and attractiveness of the company’s Chilean copper portfolio for future development and partners.
More about Norseman Capital
Fitzroy Minerals Inc. is a Vancouver-based mineral exploration company focused on copper and copper-cobalt projects in northern Chile. Its primary assets include the Buen Retiro and Caballos projects, where the company is targeting both near-surface oxide mineralization and deeper Candelaria-style sulphide and porphyry systems to build copper-focused resources.
Average Trading Volume: 222,525
Technical Sentiment Signal: Buy
Current Market Cap: C$146.8M
For detailed information about FTZ stock, go to TipRanks’ Stock Analysis page.