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Applyflow Limited ( (AU:FMR) ) has shared an update.
FMR Resources Limited has finalized its drill targets and awarded a contract to Big Bear Drilling for the Phase I drilling program at the Southern Porphyry target in Chile. This program, part of a joint venture with Southern Hemisphere Mining Limited, aims to explore four high-priority targets using advanced directional drilling techniques to enhance efficiency and precision. The drilling, set to begin in late September 2025, will cover approximately 4,000 meters to assess the scale and geometry of the copper porphyry system, with results expected within four to six weeks after completion.
More about Applyflow Limited
FMR Resources Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is involved in a joint venture with Southern Hemisphere Mining Limited, targeting copper porphyry systems in Chile.
Average Trading Volume: 221,995
Technical Sentiment Signal: Buy
Current Market Cap: A$14.93M
See more insights into FMR stock on TipRanks’ Stock Analysis page.