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The latest announcement is out from Forrestania Resources Limited ( (AU:FRS) ).
Forrestania Resources Limited has completed its diamond drilling program at the Breakaway Dam Copper VMS prospect, revealing significant copper and zinc mineralization. The drilling results, which include assays of up to 1.97% copper and 1.44% zinc, have identified new electromagnetic conductor targets, indicating the potential for further discoveries. This development strengthens Breakaway Dam’s position as a key focus for the company, complementing its ongoing gold development strategy and enhancing its industry positioning.
More about Forrestania Resources Limited
Forrestania Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets base metals such as copper and zinc, with a strategic emphasis on advancing its projects in promising geological regions.
Average Trading Volume: 1,360,142
Technical Sentiment Signal: Buy
Current Market Cap: A$93.8M
For a thorough assessment of FRS stock, go to TipRanks’ Stock Analysis page.