17th Jan 2024 21:28
Future Metals NL - Australian-based metal exploration company - Says preparation for drilling at the Eileen Bore project is well underway and set for commencement immediately after the current Kimberley wet season ends. The drill programme will target potential mineralisation extensions near surface and at depth. The programme will also include infill drilling of known mineralisation in order to underpin a maiden JORC (2012) Mineral Resource Estimate for Eileen Bore. Also progressing further Panton project de-risking and value optimisation. Points out the recent undertaking of a AUD3.3 million fully underwritten entitlement offer has the company is well positioned to increase the profile of the Panton Project.
Current stock price: 1.51 pence, down 0.7% in London on Wednesday
12-month change: down 68%
By Jeremy Cutler, Alliance News reporter
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