Castillo Copper Ltd. ( (AU:NFM) ) has issued an announcement.
Impact Minerals Limited has announced the acquisition of a 675 sq km landholding adjacent to its existing property near the Broken Hill lead-zinc-silver mine in New South Wales. This acquisition expands Impact’s total landholding to 1,770 sq km, enhancing its exploration potential for large copper deposits. The move positions Impact as a major player in the region, which is experiencing renewed interest due to rising silver prices and demand for zinc and lead. The company plans to conduct ground geophysics to identify drilling targets, leveraging insights from its participation in the BHP Xplor program.
More about Castillo Copper Ltd.
Impact Minerals Limited is a company in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include copper, lead, zinc, and silver, with a significant market focus on the Broken Hill region in New South Wales, Australia.
YTD Price Performance: 13.33%
Average Trading Volume: 553,077
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £12.07M
For a thorough assessment of NFM stock, go to TipRanks’ Stock Analysis page.