Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Western Metallica Resources Corp. ( (TSE:WMS) ) has provided an announcement.
Western Metallica Resources Corp. has reported promising initial results from its ongoing drilling program at the Luz Maria copper-molybdenum target within its Caña Brava Project in Northern Peru. The drilling has revealed significant mineralization, including diorite intrusions and hydrothermal breccia, indicative of a major copper-molybdenum porphyry system. The program aims to explore a small section of the target area that shows strong magnetic and chargeability anomalies. The findings suggest potential for significant resource development, enhancing the company’s operational prospects and positioning within the industry.
More about Western Metallica Resources Corp.
Western Metallica Resources Corp. operates in the mining industry, focusing on copper and molybdenum exploration and extraction. The company is engaged in developing its 100%-owned Caña Brava Project in Northern Peru, aiming to capitalize on Andean porphyry systems.
YTD Price Performance: -20.0%
Average Trading Volume: 270,432
Technical Sentiment Consensus Rating: Buy
See more data about WMS stock on TipRanks’ Stock Analysis page.