Freeport Resources

The Yandera Copper Project, an advanced-stage copper deposit in Papua New Guinea, has seen over US$200 million invested in exploration and development to date. This includes a 2017 Pre-Feasibility Study, which estimated a historical resource of 728 million tonnes of Measured and Indicated grading 0.39% copper equivalent*.» Mehr auf newsfilecorp.com

Freeport Resources closes oversubscribed private placement, underscoring strong investor interest in its 100% of the Yandera Copper Project, one of the largest undeveloped copper deposits in the World, and the largest undeveloped copper project in Asia, the world's leading copper refiner and consumer. Yandera is an advanced-stage copper project with over US$200 Mil in exploration and development expenditures completed to date, including a 2017 Pre-Feasibility Study, prepared by Worley Parsons, which estimated historical Measured and Indicated Resources of 728 million tonnes grading 0.39% copper equivalent*.» Mehr auf newsfilecorp.com

Freeport has raised $4.4M thus far in its ongoing private placement and will undertake a final closing in late June. Freeport has commenced an Internal Project Optimization Review while it continues discussions with Strategic Partners to advance its 100%-owned Yandera Project.» Mehr auf newsfilecorp.com