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Frontier Resources Limited ( (AU:FUN) ) has shared an announcement.
Fortuna Metals Limited has announced a significant discovery of high-grade rutile at its Mkanda project in Malawi, with drill results showing rutile grades up to 2.21%. The discovery is expected to enhance the project’s economic potential, with plans to continue drilling to explore further mineralization. The company is also setting up an in-country laboratory to expedite assay processes and is looking forward to further drilling activities in early 2026 to assess mineral continuity.
More about Frontier Resources Limited
Fortuna Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in the extraction of rutile and graphite, with a significant market focus on the Mkanda project in Malawi, Africa.
YTD Price Performance: 196.97%
Average Trading Volume: 633,673
Technical Sentiment Signal: Sell
Current Market Cap: A$27.73M
Find detailed analytics on FUN stock on TipRanks’ Stock Analysis page.