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FMR Resources Limited (ASX: FMR) has completed detailed field mapping across the Southern Porphyry target within its Llahuin Project in Chile, reinforcing the presence of a copper porphyry system. Alteration assemblages such as argillic alteration, silicification, and quartz veining observed at surface indicate the upper levels of a mineralised porphyry system, supported by re-logging of historical drillholes and geochemical data. The identification of epithermal features and alteration zones suggests a telescoped copper porphyry model at depth.
Geophysical reprocessing of magneto-telluric (MT), magnetic (MAG), and induced polarisation (IP) data is currently underway to refine Phase I drill targets, with results expected shortly. Meanwhile, drill contractor tendering has begun, keeping drilling commencement on track for Q4 2025. These promising early-stage findings mark a significant step forward in de-risking the Southern Porphyry target and enhancing the project's exploration 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.
