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Future Metals NL Targets Copper Expansion and Cash Preservation
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Future Metals NL Targets Copper Expansion and Cash Preservation

Future Metals NL (GB:FME) has released an update.

Future Metals NL has identified multiple magmatic sulphide drill targets in the Alice Downs Corridor, announcing plans for drilling in the upcoming dry season to explore new copper discoveries and extend known mineralization. They are also focusing on preserving cash resources at their Panton PGM Project due to low commodity prices, while strategically planning for the project’s development in anticipation of a market upswing. The company recently secured A$3.3 million through a rights issue to fund these initiatives.

For further insights into GB:FME stock, check out TipRanks’ Stock Analysis page.

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