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Frontier Resources Limited ( (AU:FUN) ) has shared an announcement.
Fortuna Metals Limited has commenced phase one of its hand auger drilling at the Mkanda and Kampini projects in Malawi, aiming to explore significant rutile mineralization. The company is utilizing low-cost and efficient drilling methods to cover large areas, with the expectation of confirming the scale and grade of potential mineralization. The results from these efforts could position Fortuna to make a significant rutile discovery, enhancing its standing in the mining sector.
More about Frontier Resources Limited
Fortuna Metals Limited is a company operating in the mining industry, focusing on the exploration and development of rutile and graphite resources. The company is engaged in projects located in Malawi, specifically the Mkanda and Kampini projects, where it holds a significant tenement area known for its prospective geology.
YTD Price Performance: 309.09%
Average Trading Volume: 733,124
Technical Sentiment Signal: Sell
Current Market Cap: A$26.23M
Find detailed analytics on FUN stock on TipRanks’ Stock Analysis page.