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Metalero Mining Updates Private Placement to Boost Benson Project Exploration

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Metalero Mining Updates Private Placement to Boost Benson Project Exploration

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Cortus Metals ( (TSE:MLO) ) has provided an announcement.

Metalero Mining Corp. has revised the terms of its $300,000 non-brokered private placement to fund the next phase of exploration at its flagship Benson Project in British Columbia’s Quesnel Trough. The updated offering will consist of 1,428,572 flow-through units priced at $0.21 per unit, with proceeds supporting further sampling and ground geophysics. This strategic move aims to advance exploration in a region known for significant copper-gold porphyry deposits, potentially enhancing Metalero’s industry positioning and offering new opportunities for stakeholders.

More about Cortus Metals

Metalero Mining Corp. is a Canadian-based junior exploration company focused on copper and gold projects in North America. Its flagship project, the Benson Project, is a 166 square kilometer, road-accessible property that hosts five prospects containing gold and copper within porphyry-related mineralized systems.

Average Trading Volume: 84,637

Technical Sentiment Signal: Buy

Current Market Cap: C$3.03M

Find detailed analytics on MLO stock on TipRanks’ Stock Analysis page.

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