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An update from Applyflow Limited ( (AU:FMR) ) is now available.
Southern Hemisphere Mining Limited has entered a partnership with FMR Resources to advance the exploration of the Curiosity-Southern Porphyry Copper-Gold Target at the Llahuin Copper-Gold Project in Chile. FMR Resources will invest up to $13 million in exploration and make a $2.67 million payment to earn a 60% stake in the joint venture. This collaboration aims to unlock significant value for shareholders by potentially discovering a major copper-gold deposit, enhancing Southern Hemisphere’s market positioning and operational focus.
More about Applyflow Limited
Southern Hemisphere Mining Limited operates in the mining industry, focusing on copper and gold exploration. The company is engaged in developing its Llahuin Copper-Gold Project in Chile and exploring its Cardawan Copper Project in Western Australia.
Average Trading Volume: 37,005
Technical Sentiment Signal: Sell
Current Market Cap: A$4.1M
See more insights into FMR stock on TipRanks’ Stock Analysis page.