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Kingsrose Mining Ltd ( (AU:KRM) ) has shared an update.
Kingsrose Mining Ltd reported significant progress in its exploration activities for the September 2025 quarter, particularly at the Finnmark and Penikat projects. The company detected 14 clusters of magnetic anomalies at Finnmark, aligning with previous geochemical findings, and is conducting further fieldwork. The Penikat Project’s Area 1 appeal is pending with the Administrative Court, while the Natura 2000 report for Areas 2-5 is under review. The company is also strengthening relationships with stakeholders in Finnmark and has appointed Terry Holohan as Acting CEO to focus on M&A and exploration projects. Despite a reduction in exploration at the Råna Project due to market conditions, Kingsrose remains optimistic about its potential for nickel-copper-cobalt discovery.
More about Kingsrose Mining Ltd
Kingsrose Mining Ltd is engaged in the exploration of a large portfolio of nickel, copper, and PGE projects across Fennoscandia. The company is involved in one of the largest generative exploration programs in Europe, funded by an alliance with BHP. Kingsrose is also advancing its 100% owned Penikat Project in Finland.
Average Trading Volume: 682,349
Technical Sentiment Signal: Sell
Current Market Cap: A$33.16M
Learn more about KRM stock on TipRanks’ Stock Analysis page.