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An announcement from Norfolk Metals Ltd. ( (AU:NFL) ) is now available.
Norfolk Metals Limited has announced progress on its Carmen Copper Project in Chile, including an earn-in agreement to acquire up to 100% of the project. The company has secured firm commitments for a $3.5 million capital raise to support this transaction and future exploration plans. The Carmen Copper Project is strategically located near significant copper deposits and has a history of exploration and artisanal mining. Norfolk’s strong capital position and the granting of a drill permit for the project highlight its commitment to advancing its exploration activities.
More about Norfolk Metals Ltd.
Norfolk Metals Limited is a company involved in the mining industry, focusing on the exploration and development of mineral projects. The company is primarily engaged in copper and uranium exploration, with significant projects located in the Atacama Region of Chile and ongoing work on uranium targets.
Average Trading Volume: 90,496
Technical Sentiment Signal: Buy
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