Castillo Copper Ltd - copper exploration company, with projects in Australia and Zambia - Says geological consultant, Global Ore Discovery, has been appointed to carry out development activities at the Big One deposit, in the NWQ copper project in Mount Isa’s copper belt. The exploration campaign will commence with a comprehensive surface sampling program which should identify fresh targets to test-drill that could extend known mineralisation. Explains the board’s strategy to wait for the right partner to unlock value from selling non-core assets is starting to bear fruit. Is optimistic this performance can be replicated with the remaining non-core assets.
Current stock price: 0.26 pence
12-month change: down 40%
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