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Saville Resources ( (TSE:FTUR) ) just unveiled an update.
Future Fuels Inc. has obtained the necessary exploration permits to commence its Phase One exploration activities at the Hornby Basin Project in Nunavut. This marks a significant milestone for the company as it plans to conduct a high-resolution gravity survey to detect potential uranium and copper mineralization. The company has implemented an Environmental and Wildlife Management Plan to minimize ecological impacts and is engaging with local communities to ensure participation in its exploration programs. Looking ahead, Future Fuels intends to advance to its first drilling campaign in 2026, with plans for a substantial diamond drilling program.
More about Saville Resources
Future Fuels Inc. is a company focused on exploring and developing mineral properties, with its principal asset being the Hornby Project in north-western Nunavut. This area is geologically promising with over 40 underexplored uranium showings, including the historic Mountain Lake System. The company also holds the Covette Project in Quebec’s James Bay region.
Average Trading Volume: 158,544
Technical Sentiment Signal: Buy
Current Market Cap: C$48.18M
For a thorough assessment of FTUR stock, go to TipRanks’ Stock Analysis page.