Cape Lambert Resources awaits drill results from Fe Limited’s copper-cobalt project
Preliminary drilling works have been completed at two prospects within the project.
Company
ASX:FEL
CuFe Ltd (ASX:CUF) is an emerging iron ore producer with a strategy focused on near-term, high-grade premium product iron ore projects and maintaining exposure to strategic metals. The company has interests in various advanced iron ore projects along with copper and gold interests in Australia.
171 stories · page 8 of 9
Preliminary drilling works have been completed at two prospects within the project.
Assay results from preliminary drilling are expected later this month.
SG Hiscock holds 5.28% after acquiring further shares.
Fe Limited is focussed on the Kasombo Copper-Cobalt Project.
The company is acquiring the Kasombo Copper-Cobalt Project.
Fe Limited is set to increase exploration news flow in 2018.
The company recently raised capital by issuing shares at a premium in a placement.
Fe Limited is acquiring the Kasombo Copper-Cobalt Project from Cape Lambert Resources.
Auris’ drilling is targeting copper-rich mineralisation of massive sulphides.
Potential presence of significant economic mineralisation at the Wodger prospect.
Wodger has shown geological similarities to the nearby DeGrussa deposit.
Auris is exploring for high-grade VMS copper-gold discoveries.
The Wodger prospect has shown similarities to the nearby DeGrussa deposit.
Auris Minerals is on the trail of the primary copper zone.
Kasombo is located near some of the world’s largest copper and cobalt mines.
Fe Limited is in the process of acquiring an equity interest in the copper-cobalt project from Cape Lambert Resources.
Chairman of the board, Tony Sage, has increased his holding in the company to over 3 million shares.
Alongside Fe Limited's 20% interest, Auris Minerals Ltd (ASX:AUR) owns 80% of the Forrest Project.
This will allow the company to focus on fast-tracking its Kipushi Tailings Project and Zambian Kitwe Tailings Project.
Cobalt prices have more than doubled over the past 12 months.