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Norfolk Metals Ltd. ( (AU:NFL) ) has provided an announcement.
Norfolk Metals Ltd. has made significant progress in its Carmen Copper Project in Chile, with the submission of the final application for its Maiden Drill Campaign to the Chilean National Geology and Mining Services. The campaign is set to commence in Q3 2025, following the expected permit approval. The company has received multiple drilling quotes and is poised to begin its drilling operations, marking a key milestone in its strategic development. This advancement is part of Norfolk’s broader ambition to establish a low-cost, high-margin copper heap leaching operation, which could enhance its market position and provide substantial value to its stakeholders.
More about Norfolk Metals Ltd.
Norfolk Metals Ltd. is engaged in mineral exploration, focusing primarily on copper and uranium projects. The company operates the Carmen Copper Project in Chile, which includes extensive exploration and exploitation licenses with significant copper mineralization. Additionally, Norfolk Metals has the Orroroo Uranium Project in South Australia and the Roger River Project in Tasmania, which are prospective for gold and copper.
Average Trading Volume: 170,100
Technical Sentiment Signal: Sell
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