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Noronex Ltd. ( (AU:NRX) ) has issued an update.
Noronex Limited has commenced diamond drilling at the Fiesta Copper Project in Namibia’s Kalahari Copper Belt to explore depth extensions and gain geological insights. This initiative, funded by South32 Limited under an earn-in agreement, aims to confirm significant copper-silver mineralization and assess the potential size of the Fiesta system. The drilling program will test the full width and depth of the mineralization, with plans for further exploration to extend the system’s strike, which remains open to the west.
More about Noronex Ltd.
Noronex Limited is an exploration company operating in the mining industry, focusing on the discovery and development of copper projects. The company is primarily involved in exploring the Kalahari Copper Belt in Namibia, aiming to identify significant copper-silver mineralization.
YTD Price Performance: 40.0%
Average Trading Volume: 1,543,429
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.24M
See more insights into NRX stock on TipRanks’ Stock Analysis page.
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