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The latest announcement is out from Applyflow Limited ( (AU:FMR) ).
FMR Resources Limited, an exploration company, has announced promising results from its maiden drillhole at the Southern Porphyry within the Llahuin Project Joint Venture in Chile. The company has intersected shallow mineralised epithermal veins with up to 1.7% copper, indicating a mineralised vein swarm within the Santa Maria epithermal system. Additionally, the presence of remobilised chalcopyrite veins and anhydrite-pyrite veins at multiple intervals suggests a larger porphyry copper system at depth. These findings bolster confidence in the potential of a significant porphyry copper target, which could enhance FMR’s position in the mining industry.
More about Applyflow Limited
Average Trading Volume: 198,205
Technical Sentiment Signal: Hold
Current Market Cap: A$15.52M
For detailed information about FMR stock, go to TipRanks’ Stock Analysis page.