Kingsrose Mining Advances Exploration Efforts in Finnmark with BHP Support

Kingsrose Mining Ltd ( (AU:KRM) ) has issued an update.

Kingsrose Mining Ltd has provided an update on its exploration alliances with BHP in Finnmark, Norway, and Central Finland. The company has made significant progress with BHP’s support, focusing on the Finnmark Alliance after BHP decided to cease funding the Central Finland Alliance. Kingsrose has secured an option to acquire the Gallujavri project in Finnmark, aiming to expand its exploration tenure. The upcoming work program in Finnmark, with a budget of approximately US$3.50 million, will involve extensive surveys to identify prospective areas for copper-nickel-PGE sulphide deposits. This strategic move is expected to enhance Kingsrose’s position in the industry and potentially lead to significant discoveries.

More about Kingsrose Mining Ltd

Kingsrose Mining Ltd is a company engaged in the exploration and development of mineral resources, focusing on polymetallic copper-nickel-PGE massive sulphides. The company operates in the mining industry and collaborates with major partners like BHP to leverage expertise and funding for its exploration activities.

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Technical Sentiment Signal: Sell

Current Market Cap: A$22.61M

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