CuFe Says Increase to Bismuth, Silver Mineralization Likely to Add 'Significant' Value to Northern Territory Project's Economics; Shares Rise 5%

MT Newswires Live

2025/11/24

CuFe (ASX:CUF) said the inclusion of 4,421 tonnes of Bismuth contained metal and 266,000 ounces of silver after a mineral resource update at its Orlando deposit within the Tennant Creek project is likely to add "significant" value to the project's economics, according to a Monday filing with the Australian bourse.

The project now holds 24.4 million tonnes with a grade of 1.8% copper, 0.6 grams per tonne gold, 18,224 tonnes of bismuth metal, and 2 million ounces of silver, the filing said.

The bismuth resource is now about one year of global production for the mineral, the filing added.

Shares of the company rose 5% in recent Monday trade.

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