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The latest update is out from Cortus Metals, Inc. ( (TSE:MLO) ).
Metalero Mining Corp. has announced a non-binding Letter of Intent to acquire the 166 km2 Benson Copper-Gold Property in central British Columbia. This acquisition is a strategic move for Metalero, allowing year-round exploration and access to critical metals flow-through funding. The Benson Project, with its large land package and five prospect areas identified through AI work, offers significant potential for discovering copper-gold porphyry systems. The property is accessible, has historical indications of mineralization, and presents opportunities for capital-efficient exploration, positioning Metalero to enhance its industry standing.
More about Cortus Metals, Inc.
Metalero Mining Corp. operates in the mining industry, focusing on the acquisition and exploration of mineral properties. The company’s primary interest lies in copper and gold, with a market focus on developing projects in regions with known mineralization potential.
YTD Price Performance: 17.86%
Average Trading Volume: 10,622
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$2.25M
See more insights into MLO stock on TipRanks’ Stock Analysis page.