FMR Resources Secures Strategic Entry into Chilean Copper-Gold Exploration

FMR Resources Limited (ASX: FMR) has announced a transformative joint venture to earn up to 60% of a high-potential copper-gold-molybdenum porphyry project at the Llahuin Project in central Chile. This strategic move provides drill-ready targets at the Southern Porphyry Zone, where coinciding geophysical anomalies and shallow drilling results suggest a significant untested porphyry system at depth. Drilling is slated to begin in Q4 2025.

To support this initiative, FMR successfully raised AU$2.2 million through a placement and welcomed respected investor Mark Creasy to its shareholder base. The company also appointed Oliver Kiddie as Managing Director, bringing over 20 years of mineral exploration expertise. The Southern Porphyry target resembles Chile’s Valeriano Project, underscoring its potential. This venture aligns with FMR’s mission to expand its portfolio in critical and battery metals, building on its Canadian tenements targeting copper and rare earth elements

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