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FMR Resources Limited (ASX:FMR)

ALERT: Price-sensitive ASX Announcement for FMR
Current share price for FMR : $0.395 0 (0%)+
Announcement
Release
5 Aug 2026 8:19AM
Price at Release
$0.395
Full Release
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Summary
FMR Resources Limited has announced significant progress at the Los Warbos Project in central Chile, highlighting the results of a helicopter magnetic and radiometric survey. The survey, which utilized a stinger-mounted helicopter system, was conducted to map potential copper-gold mineralization zones. The Los Warbos Project covers 3,300 hectares of granted mining concessions, with an additional 7,950 hectares under exploration concession applications. The project is strategically positioned in a copper-gold rich region influenced by the Tulahuen Fault and a Trans-Lithospheric Fault. Initial reconnaissance results from rock chip sampling indicate the presence of high-grade copper occurrences. The company aims to integrate the geological, geochemical, and geophysical data to refine exploration models and prioritize targets for drilling.
Key Points
  • Helicopter magnetic and radiometric survey completed with specific parameters.
  • Los Warbos Project covers a total of 11,250 hectares in a copper-gold province.
  • Initial rock chip sampling indicates high-grade copper mineralization.
  • Survey and sampling results support a large-scale hydrothermal system.
  • Project located in a well-established mining district in central Chile.
  • Next steps involve integrated data interpretation and further detailed mapping.
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.