Freeport Resources Inc. is pleased to announce that it has closed the second tranche of its non-brokered private placement offering for gross proceeds of $787,761. In connection with completion of the second tranche of the Offering, the Company has issued 15,755,217 units at a price of $0.05 per Unit. Each Unit consists of one common share, and one-half-of-one common share purchase warrant. Each whole warrant entitles the [...]
Freeport Resources Inc. is pleased to announce that it has closed the first tranche of its non-brokered private placement offering for gross proceeds of $1,204,000. In connection with completion of the first tranche of the Offering, the Company has issued 24,080,000 units at a price of $0.05 per Unit. Each Unit consists of one common share, and one-half-of-one common share purchase warrant. Each whole warrant entitles the [...]
While Freeport Continues Discussions with Strategic Partners to Advance its 100%-Owned Yandera Project, it has commenced an Internal Project Optimization Review. The Review will Seek to Optimize the Project's Economics, Including via possible use of New Breakthough Direct Sulphide Leaching Technologies to achieve significant Capex/Opex reductions. Copper Prices broke $9,000/t in recent weeks as demand for copper undergoes [...]
Freeport has Commenced Discussions with Strategic Partners to Advance its 100%-Owned Yandera Project. Copper Prices broke $9,000/t and $4.00/lb in recent days as demand for copper undergoes an unprecedented structural change driven by the global energy transition. The removal of Cobre Panama's supply and related decision by Chinese smelters to trim output due to a lack of copper concentrate adds to looming copper [...]
Papua New Guinea's Mining Resource Authority has approved the renewal of the Yandera Copper Project's License EL 1335 through November 19, 2025. Freeport Resources is planning to commence work towards a Definitive Feasibility Study and accelerate discussions with potential strategic partners. Freeport continues its commitment to the landowners and communities of Yandera, and the people of Papua New Guinea. Demand for [...]
Papua New Guinea's Mining Resource Authority has approved the renewal of the Yandera Copper Project's License EL 1335 through November 19, 2023. Freeport Resources is planning to commence work towards a Definitive Feasibility Study and accelerate discussions with potential strategic partners. Freeport continues its firm commitment to the landowners, the communities of Yandera and the people of Papua New Guinea. Demand for [...]
Freeport Resources Inc. is pleased to announce that Dr. Nathan Chutas, Senior Vice-President of Operations for Freeport Resources, and Tobias Kulang Thomas, Senior Advisor to the Company, will be attending the Papua New Guinea Resources and Energy Investment Conference, to be held December 10th to 13th 2023, in Sydney, Australia. Dr. Chutas will be presenting on Wednesday, December 13, during the afternoon Exploration [...]
Freeport Resources to provide an update on the status of the Yandera Copper Project and present plans for future project financing and technical capacity statement. Approximately US$200 million in exploration and development expenditures have been committed since 2005, including 154,600 meters of exploration drilling and completion of a Pre-feasibility Study*. As one of the largest undeveloped copper resources* in the [...]
Freeport Resources Inc. is pleased to provide an update on the Wardens Hearing process for the renewal of Exploration License EL1335 which covers the 245.5 square kilometer concession comprising the Yandera Copper Project, located in Papua New Guinea . The Wardens Hearing for EL 1335, which is a mandatory part of the renewal process for all exploration licenses for PNG, took place on May 29, 2023 at Yandera, with all [...]
Freeport Resources Inc. is pleased to announce that it has received notification from the Papua New Guinea Mineral Resources Authority of the renewal of Exploration License EL 1335 which covers the concession comprising the Yandera Copper Project. The renewal was granted with effect from November 20th, 2019 for a term of two years ending November 19th, 2021. The Company is now in the process of updating the renewal [...]
Freeport Resources Inc. announces that it will offer up to 60,000,000 units by way of a non-brokered private placement, at a price of $0.05 per Unit, for gross proceeds of up to $3,000,000. Each "Unit" will consist of one common share, and one-half-of-one common share purchase warrant . Each "Warrant" is exercisable to acquire an additional common share of the Company, at a price of $0.10, for a period of eighteen months [...]
Freeport Resources Inc. announces that it will offer up to 60,000,000 units by way of a non-brokered private placement, at a price of $0.05 per Unit, for gross proceeds of up to $3,000,000. Each "Unit" will consist of one common share, and one-half-of-one common share purchase warrant . Each "Warrant" is exercisable to acquire an additional common share of the Company, at a price of $0.10, for a period of eighteen months [...]
+7,20 %
0,00 %
-8,42 %
