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FMR Resources Limited (ASX:FMR)

ALERT: Price-sensitive ASX Announcement for FMR
Current share price for FMR : $0.350 -0.025 (-6.67%)+
Announcement
Release
1 Jun 2026 8:21AM
Price at Release
$0.375
Full Release
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Summary
FMR Resources Limited announced final assay results from diamond drillhole 26LHDD073 at the Southern Porphyry target within the Llahuin Project Joint Venture in Chile. The assays confirmed a broad mineralised porphyry system with copper, molybdenum, and gold anomalism associated with intrusive phases and stockwork breccias. The results suggest that the current drilling has intersected the margins of an extensive porphyry system, not yet reaching the higher-grade core. The integration of multi-element geochemistry, petrography, and geological data is ongoing to refine vectors for further Phase II drilling. FMR Resources is focused on critical mineral exploration, contributing to sustainable energy solutions.
Key Points
  • Final assays from drillhole 26LHDD073 confirm a broad mineralised porphyry system.
  • Copper, molybdenum, and gold anomalies are associated with porphyry intrusive phases.
  • Current drilling has only intersected the margins of the porphyry system.
  • Integration of assays and geological data is ongoing for Phase II drilling.
  • FMR Resources focuses on critical mineral exploration for sustainable energy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.