tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

FMR Resources to Commence Phase I Drilling at Southern Porphyry Target

Story Highlights
  • FMR Resources finalizes drill targets and awards contract for Phase I drilling in Chile.
  • The program aims to explore copper porphyry systems with advanced drilling techniques starting September 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FMR Resources to Commence Phase I Drilling at Southern Porphyry Target

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

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