Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,740.90
0.57%
Copper
4.34
0.79%
Oil
71.78
2.06%
Bitcoin
67,163.62
0.22%
FTSE 100
8,248.80
(0.25%)
Nikkei 225
37,913.92
(0.11%)
Dow Jones
42,114.40
(0.85%)
Iron Ore
101.55
2.27%
USD/AUD
0.66
0%
Hang Seng
20,590.15
0.33%

Future Metals (ASX: $FME) progresses heritage surveys for Eileen Bore drilling

Future Metals progresses exploration strategy


Future Metals NL (ASX:FME) has completed heritage clearance surveys across the Alice Downs Corridor and Panton North tenures, paving the way for the commencement of diamond drilling at Eileen Bore in the coming weeks. The company will also initiate ground gravity surveys next week, co-funded up to A$295,000 under the WA Government's Exploration Incentive Scheme (EIS). This drilling program marks the first drill testing of Eileen Bore mineralisation in over 20 years.

Executive Commentary


The completion of heritage clearance surveys is a significant milestone for Future Metals as it allows us to progress with our exploration strategy. The co-funding under the WA Government's EIS will support our efforts in conducting ground gravity surveys and diamond drilling at Eileen Bore. We are optimistic about the potential of the Eileen Bore Prospect and look forward to the upcoming drilling program. This marks an important step in our commitment to advancing our exploration activities and unlocking the mineralisation potential within the Alice Downs Corridor and Panton North tenures.

Summary


Future Metals (ASX:FME) has successfully completed heritage clearance surveys, enabling the company to move forward with its exploration strategy, including the commencement of diamond drilling at Eileen Bore and ground gravity surveys. The co-funding under the WA Government's EIS will provide essential financial support for these activities. The upcoming drilling program at Eileen Bore, the first in over 20 years, signifies a significant milestone in the company's efforts to explore the mineralisation potential within the Alice Downs Corridor and Panton North tenures. Future Metals remains optimistic about the prospects at the Eileen Bore Prospect and is committed to advancing its exploration activities to unlock the full potential of the identified mineralisation.

FUTURE METALS NL
FME | ASX | Materials
0.0290.005(+20.83%)
At close 24/10 (AEDT)
Market cap
$16.7M
Volume
1,508,557
DY Yield
PE Ratio
52 Week Range
0.014 - 0.062593
1YR Return
N / A

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