Firetail Resources Limited (ASX: FTL) announced the acquisition of the York Harbour Copper-Zinc-Silver Project in Newfoundland, Canada. Its commitment to the York Harbour Project is further solidified by the signing of a Binding Option Agreement to acquire up to 80% of the project through a staged earn-in process. It demonstrates its long-term vision and dedication to the project's success. Small-scale historical underground production between 1898 and 1913 resulted in 100,000 tons mined at 3-12% Cu, 7% Zn, and 1-3oz/t Ag.
Despite its historical success, the York Harbour Project remains largely unexplored. Only shallow exploration and historical exploration are limited to two key areas: the old York Harbour mine and the Number 4 Pond target. The latter has yielded multiple significant intercepts, indicating the project's vast untapped potential.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.