Aircore Drilling Commenced
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| Stock | FUN.ASX (FUN.ASX) |
|---|---|
| Release Time | 6 Jul 2026, 8:21 a.m. |
| Price Sensitive | Yes |
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Fortuna Metals Commences Aircore Drilling at Mkanda Project
Key Points
- Aircore drilling program initiated at high-grade areas
- Anticipated maiden inferred resource estimate release in July
- Additional drillholes completed to enhance resource estimates
Full Summary
Fortuna Metals has commenced a 5,000m aircore drilling program at the Mkanda project in Malawi, aiming to increase resource potential at depth. The program is expected to release a maiden inferred resource estimate in July. Additionally, 648 hand auger drillholes have been completed, bringing the total drilling to 10,713m across the project. The Mkanda project is situated in the same geological setting as the nearby Kasiya rutile deposit, known for its high-grade rutile and graphite mineralization.
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