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The latest announcement is out from Norseman Capital ( (TSE:FTZ) ).
Fitzroy Minerals Inc., a company engaged in mineral exploration, has announced significant results from its ongoing drilling program at the Buen Retiro Copper Project in Chile. The latest findings from diamond drill hole BRT-DDH022 reveal a substantial intersection of copper mineralization, highlighting the project’s potential for large-scale, high-grade copper extraction. The company’s exploration efforts are focused on a 1 km-wide by 4 km-long corridor, with plans to accelerate exploration activities. The project benefits from its location in a low-elevation, flat, desert area with historical mining and proximity to infrastructure, which supports rapid development.
More about Norseman Capital
Average Trading Volume: 279,197
Technical Sentiment Signal: Buy
Current Market Cap: C$85.37M
See more insights into FTZ stock on TipRanks’ Stock Analysis page.