Raptor Metals Begins 2,200m Diamond Drilling Push at Chester Copper Project in Canada

Eastern Metals Limited ( (AU:RAP) ) has issued an announcement.

Raptor Metals has commenced a 2,200-metre diamond drilling program at its Chester copper project in New Brunswick’s Bathurst Mining Camp, aiming to validate and upgrade the existing JORC-compliant mineral resource of 6.68 million tonnes at 1.092% copper with significant by‑product potential in silver, zinc and other base metals. The HQ and PQ core drilling, expected to run for five to six weeks, is designed to improve confidence in historical assay data, collect metallurgical and structural information, test infill and eastern extensions of high-grade VMS mineralisation, and conduct downhole geophysics, laying the groundwork for potential resource growth and future exploration targeting as the company seeks to unlock further value from the project.

The most recent analyst rating on (AU:RAP) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Eastern Metals Limited stock, see the AU:RAP Stock Forecast page.

More about Eastern Metals Limited

Raptor Metals Ltd is an ASX-listed exploration company focused on base metals, particularly copper, with exposure to silver, zinc and other base metals through its Chester Project in the prolific Bathurst Mining Camp in New Brunswick, Canada. The company is pursuing a systematic exploration strategy following its acquisition of Raptor Resources Limited and reinstatement to trading, underpinned by a strengthened balance sheet from recent capital raising.

Average Trading Volume: 15,876,948

Technical Sentiment Signal: Buy

Current Market Cap: A$21.85M

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