tiprankstipranks
Company Announcements

FMR Resources Advances Copper Exploration with New Drilling Initiatives

Story Highlights
FMR Resources Advances Copper Exploration with New Drilling Initiatives

Discover the Best Stocks and Maximize Your Portfolio:

Applyflow Limited ( (AU:FMR) ) has shared an announcement.

FMR Resources Limited, operating in the mining industry, announced the final results of its airborne VLF-EM survey and inversion modeling at the Fairfield Copper Project in New Brunswick, Canada. This survey helped refine the conductive targets at its Demoiselle site, aligning them with existing geochemical and geological data. The company plans to begin a maiden drilling program at Demoiselle and Demoiselle South in February 2025, marking the first drilling activity in this area in nearly 30 years. These developments highlight the project’s potential for significant copper mineralization and could impact the company’s operations and industry positioning by providing valuable information for future exploration efforts.

More about Applyflow Limited

YTD Price Performance: 3.23%

Average Trading Volume: 22,027

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$3.75M

For detailed information about FMR stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1