BUZZ-Australia's FMR Resources rises as co identifies copper system in Chile project

Reuters

2025/07/09

** Shares of FMR Resources FMR.AX rise as much as 13.6% to A$0.335, their biggest intraday pct gain since June 20

** The diversified explorer says it has completed detailed field mapping across southern porphyry target area at the Llahuin project in Chile, providing critical additional data to assist in target generation

** Says alteration identified suggest upper levels of a mineralised copper porphyry system at surface, supporting hypothesis of the existence of porphyry system at depth

** Adds that drilling on track to start in Q4 2025

** Stock up more than 100%, YTD

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com;))

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