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Turmalina Metals Corp Intensifies Focus on Colquemayo Project in Peru

Story Highlights
  • Turmalina Metals Corp focuses on the Colquemayo Project with plans to acquire 100%.
  • Environmental studies and community agreements advance drilling preparations at Colquemayo.
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Turmalina Metals Corp Intensifies Focus on Colquemayo Project in Peru

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Turmalina Metals Corp ( (TSE:TBX) ) has shared an announcement.

Turmalina Metals Corp has announced a strategic focus on its Colquemayo Project in Peru, where it has an option to acquire 100% ownership. The project is notable for its epithermal and porphyry copper-silver-gold deposits with significant historic drill results. The company has made progress in its environmental baseline studies, securing access agreements from local communities, and hiring an environmental consultant to complete initial fieldwork. This move is part of Turmalina’s plan to advance the project towards obtaining a drilling permit and to prepare for the first phase of drilling, potentially boosting its position in the mining industry.

More about Turmalina Metals Corp

Turmalina Metals Corp is a mining company involved in the exploration and development of mineral properties, primarily focusing on copper, silver, and gold projects. The company operates primarily in South America and is listed on multiple stock exchanges including TSXV and OTCQX.

YTD Price Performance: 45.00%

Average Trading Volume: 122,807

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.96M

For an in-depth examination of TBX stock, go to TipRanks’ Stock Analysis page.

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