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The latest announcement is out from Norseman Capital ( (TSE:FTZ) ).
Fitzroy Minerals Inc., a company involved in mineral exploration, has announced significant findings from its first drill hole at the Caballos Copper Project in Chile. The drill results revealed a new copper-molybdenum-gold-rhenium mineralizing system, with notable intercepts including 200 meters at 0.83% copper equivalent and 42 meters at 2.31% copper equivalent. This discovery, associated with the Pocuro Fault Zone, indicates a promising new mineralization style and significant potential for further exploration. The company plans additional drilling to advance the project, which could have substantial implications for their operations and stakeholder interests.
More about Norseman Capital
YTD Price Performance: 88.89%
Average Trading Volume: 323,986
Technical Sentiment Signal: Sell
Current Market Cap: C$39.77M
Find detailed analytics on FTZ stock on TipRanks’ Stock Analysis page.