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Norfolk Metals Ltd. ( (AU:NFL) ) has issued an update.
Norfolk Metals Ltd is advancing its Carmen Copper Project in Chile by completing environmental and water studies necessary for future exploration and development. The company is on track to submit its Environmental Impact Declaration to Chilean authorities, which will enable expanded exploration activities. Norfolk has also initiated a water supply study to support potential heap leach processing. The establishment of infrastructure and site access has been successful, facilitating ongoing and future exploration efforts.
More about Norfolk Metals Ltd.
Norfolk Metals Ltd is involved in the exploration and development of mineral projects, focusing on copper and uranium. The company operates the Carmen Copper Project in Chile, which is rich in copper mineralization, and aims to establish a low-cost, high-margin copper heap leaching operation. Additionally, Norfolk has interests in the Orroroo Uranium Project in South Australia and the Roger River Project in Tasmania, which are prospective for uranium, gold, and copper.
Average Trading Volume: 256,031
Technical Sentiment Signal: Sell
Current Market Cap: A$8.8M
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