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The latest announcement is out from Castillo Copper Ltd. ( (AU:NFM) ).
New Frontier Minerals has outlined updated JORC-compliant Exploration Targets for 14 priority prospects at its NWQ Copper Project in Queensland, estimating 12–58 million tonnes grading 0.3–1.5% copper for roughly 50,000–473,000 tonnes of contained metal. The company plans to secure a mining lease over the Big One Deposit, pursue a processing and revenue-sharing arrangement with Austral Resources’ Mt Kelly facility, and advance drilling and fieldwork across Big One, Big One North and 13 other under-explored prospects, positioning the project as a potential multi-deposit copper hub with a defined development pathway for future shareholder value.
More about Castillo Copper Ltd.
New Frontier Minerals Limited is an Australia-based resources company focused on copper exploration and development, with listings on the ASX, OTCQB and LSE. Its key asset is the NWQ Copper Project in the Mt Isa region of northwest Queensland, where it is advancing the Big One Deposit alongside a portfolio of additional copper prospects.
Average Trading Volume: 2,417,501
Technical Sentiment Signal: Buy
Current Market Cap: A$29.47M
For a thorough assessment of NFM stock, go to TipRanks’ Stock Analysis page.