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Cortus Metals ( (TSE:MLO) ) has issued an update.
Metalero Mining Corp. has successfully closed the first tranche of its non-brokered private placement, raising $200,000 through the sale of flow-through units. The funds will support exploration work at the Benson Project, strategically located in Canada’s Quesnel Trough, a significant mineral belt known for copper and gold deposits. This move is expected to bolster Metalero’s exploration efforts and enhance its positioning within the mining industry.
More about Cortus Metals
Metalero Mining Corp. is a Canadian-based junior exploration company focused on copper and gold projects in North America. Its flagship project, the Benson Project, is a 166 square kilometer, road-accessible site that hosts five prospects containing gold and copper within porphyry-related mineralized systems.
Average Trading Volume: 85,668
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$2.57M
For detailed information about MLO stock, go to TipRanks’ Stock Analysis page.