Future Metals NL

FME

AU0000157745

Diversified Mining

Market Closed - Australian S.E. Other stock markets 08:25:12 2024-04-25 pm EDT			5-day change	1st Jan Change
0.026 ^AUD	-3.70%		0.00%	-16.13%

Mar. 27	Future Metals Managing Director, CEO Resigns	MT
Mar. 27	Future Metals NL Announces Board Changes	CI

Future Metals says drilling preparation starts in Australia

January 17, 2024 at 04:30 pm EST

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

Comments and questions to newsroom@alliancenews.com

Latest news about Future Metals NL

Future Metals Managing Director, CEO Resigns	Mar. 27	MT
Future Metals NL Announces Board Changes	Mar. 27	CI
Future Metals NL Announces Non-Executive Board Changes	Mar. 22	CI
EARNINGS AND TRADING: Cykel and Mustang push back takeover deadline	Mar. 15	AN
Future Metals NL Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 15	CI
Future Metals finds multiple drill targets at Alice Downs corridor	Feb. 13	AN
Future Metals to Start Exploration at Palamino Prospect	Feb. 13	MT
Future Metals NL to Provide an Update on Its Drilling and Exploration Planning for the Eileen Bore Project and Associated Tenure	Feb. 13	CI
Future Metals Identifies Drill Targets at Alice Downs Corridor; Shares Down 3%	Feb. 13	MT
Seeing Machines revenue grows; Baron Oil strikes deal	Feb. 08	AN
Future Metals Raises AU$3.3 Million for Project Exploration, Enhancement; Shares Slide 3%	Feb. 07	MT
BoA cuts Barratt, Persimmon; ups Taylor Wimpey	Jan. 30	AN
Future Metals says drilling preparation starts in Australia	Jan. 17	AN
Future Metals to Start Drilling at Eileen Bore Project	Jan. 17	MT
Future Metals Extends Closing Date of AU$3.3 Million Entitlement Offer	Jan. 15	MT
Future Metals launches GBP1.7 million entitlement offer	Dec. 29	AN
Future Metals launches entitlement issue to fund two projects	Dec. 15	AN
Future Metals shares fall as announces possible fundraise	Dec. 13	AN
AIM WINNERS & LOSERS: Impellam climbs on GBP483 million takeover offer	Dec. 13	AN
Future Metals shares dive as announces Panton scoping study report	Dec. 07	AN
Future Metals NL Appoints Patrick Walta as Director	Nov. 22	CI
Future Metals exercises tenure purchase option to buy Osprey Minerals	Nov. 17	AN
Future Metals Exercises Option to Fully Acquire Osprey Minerals	Nov. 17	MT
Future Metals NL acquired Osprey Minerals Pty Ltd for AUD	Nov. 16	CI
Robert Mosig Will Not Seek Re-Election as a Non-Executive Director of the Future Metals NL	Nov. 14	CI

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Company Profile

Future Metals NL is an Australia-based exploration company focused on advancing its Panton platinum group metals (PGM)-Nickel-Chromium (or Chromite) (Panton PGM-Ni-Cr) Project in the eastern Kimberley region of Western Australia. The Company's 100% owned Panton PGM-Ni-Cr project is located approximately 60 kilometers north of the town of Halls Creek in the east Kimberley region of Western Australia, a tier one mining jurisdiction. The Project is located on three granted mining licenses and situated one kilometer off the Great North Highway which accesses the Port of Wyndham. The Mineral Resource Estimate (MRE) has been reported across three separate unit: the Reef, the High-Grade Dunite and the Bulk Dunite. The Panton PGM-Ni-Cr Project's tenements include M80/103, M80/104 and M80/105 with approximately 8.6 square kilometers (km2), 5.7 km2 and 8.3 km2 respectively. Its Osprey Projects cover an area of around 100 (km2), which is located in the East Kimberley region of Western Australia.

Sector

Diversified Mining

Calendar

2024-09-17 - Q4 2024 Earnings Release (Projected)

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Sector Integrated Mining

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FUTURE METALS NL	-16.13%	9.49M
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Integrated Mining

Future Metals NL

Equities

FME

AU0000157745

Diversified Mining

Future Metals says drilling preparation starts in Australia

Latest news about Future Metals NL

Chart Future Metals NL

Company Profile

Income Statement Evolution

Chiffre d''affaires - Rate of surprise

Sector Integrated Mining