Teako Minerals Launches Drilling at Løkken Project in Norway

An announcement from 1111 Exploration Corp ( (TSE:TMIN) ) is now available.

Teako Minerals Corp. has commenced a maiden diamond drill program at the Åmot target within its Løkken copper-cobalt-zinc project in Norway. This initiative marks the first drilling effort on this 2km-long geophysical and geochemical anomaly, which is considered a promising site for buried VMS deposits. The company holds a 90% interest in this area, which is strategically positioned near the former Løkken mining operations, known for its substantial copper-rich deposits. The drilling is expected to enhance Teako’s exploration efforts and potentially uncover new mineral resources, reinforcing its position in the mining sector.

More about 1111 Exploration Corp

Teako Minerals Corp. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction of copper, cobalt, and zinc, with a significant market focus on district-scale projects such as the Løkken project in Norway.

YTD Price Performance: -25.00%

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Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$4.35M

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