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Castillo Copper Ltd - base metal explorer focused on Australia and Zambia - Confirms that improving weather conditions should enable a resumption of exploratory work in April at Mt oxide project in Queensland, Australia.
In addition, the company says further forensic work has uncovered 11 new targets across the Mt project which are prospective for various styles of copper-gold mineralisation. As such, on a combined basis, there are now 21 viable targets across the Mt project for copper mineralisation which delivers a significant pipeline of development work ahead and enhances forward exploration potential.
Current stock price: 2.47 pence, up 5.3% in London
Year-to-date change: up 21%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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