Future Metals NL (AU:FME) has released an update.
Future Metals NL has been granted an A$180,000 government EIS grant to advance drilling at their promising Eileen Bore prospect in Western Australia, slated to begin in Q3 2024. The prospect shows potential for significant Cu-Ni-PGM mineralisation, with historical drilling indicating a wide zone of these metals from surface. The company plans to explore further targets in the region, which remain untested but show positive signs of mineralisation.
For further insights into AU:FME stock, check out TipRanks’ Stock Analysis page.