Stocks of the Hour: Future Metals, WA1 Resources, Marmota, Azure Minerals
A snapshot of the stocks on the move, featuring Future Metals (ASX:FME), WA1 Resources (ASX:WA1) and Marmota (ASX:MEU) and Azure Minerals (ASX:AZS).
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Future Metals Nl
Future Metals NL (ASX: FME) is an Australian based exploration Company focused on advancing its Panton PGM Project in the eastern Kimberly region of Western Australia.
The 100% owned Panton PGM project is located 60 kilometres north of the town of Halls Creek in the east Kimberly region of Western Australia, a tier one mining jurisdiction.
The Project is located on three granted mining licences and situated just 1 kilometre off the Great North Highway which accesses the Port of Wyndham. The Project has a JORC Mineral Resource estimate of 14.32Mt @ 4.89g/t PGM, 0.31g/t Au, 0.27% Ni (refer ASX announcement dated 7 July 2021). The Panton mineralisation occurs within a layered, differentiated mafic-ultramafic intrusion referred to as the Panton intrusive which is a 10km long and 3km wide, south-west plunging synclinal intrusion. PGM mineralisation is hosted within two stratiform chromite reefs, the Top and Middle reefs, within the ultramafic sequence.
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Future Metals (ASX: FME) – Platinum and palladium resources
Justin Termain - Corporate Director - Future Metals is an Australian based exploration Company focused on advancing its Panton PGM Project in the eastern Kimberly region of Western Australia.
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