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An announcement from Frontier Resources Limited ( (AU:FUN) ) is now available.
Fortuna Metals Limited has announced exceptional results from its Phase 1 soil sampling program at the Mkanda project in Malawi, revealing high-grade rutile concentrations up to 2.32%. These findings highlight significant mineralization potential across the company’s 658 square kilometer tenure, with multiple high tenor anomalies identified. The results are a promising step towards defining major rutile discoveries in the region, with further drilling and sampling expected to provide more insights into the project’s potential.
More about Frontier Resources Limited
Fortuna Metals Limited is a company focused on the exploration and development of rutile and graphite projects, primarily operating in Malawi, Africa. The company is engaged in advancing its Mkanda and Kampini projects, which are known for their high-grade mineral potential.
YTD Price Performance: 293.94%
Average Trading Volume: 724,652
Technical Sentiment Signal: Sell
Current Market Cap: A$32.15M
For detailed information about FUN stock, go to TipRanks’ Stock Analysis page.