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The latest update is out from Frontier Resources Limited ( (AU:FUN) ).
Fortuna Metals Limited has completed phase one of its exploration work at the Mkanda and Kampini rutile projects in Malawi, with soil sampling and hand auger drilling underway. The company has collected 358 soil samples and plans to complete 64 auger holes, with samples being sent to South Africa for analysis. The results, expected between November 2025 and January 2026, could significantly impact Fortuna’s position in the rutile and graphite market, given the proximity to Sovereign Metals’ major deposits.
More about Frontier Resources Limited
Fortuna Metals Limited is a company operating in the mining industry, focusing on the exploration and development of rutile and graphite projects. The company is actively engaged in projects located in the emerging rutile province of Malawi, Africa, and aims to capitalize on the region’s geological potential.
YTD Price Performance: 233.33%
Average Trading Volume: 650,653
Technical Sentiment Signal: Sell
Current Market Cap: A$20.61M
See more data about FUN stock on TipRanks’ Stock Analysis page.