CUF 3.70% 1.3¢ cufe ltd

SP approaching 52 week high of 3 January which was on this reply...

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    SP approaching 52 week high of 3 January which was on this reply to the ASX re price jump. .
    "Other than the continued strengthening in iron ore price, continued iron ore exports, and the
    Company’s recent announcement dated 20 December 2023 regarding the next steps on the
    Lithium North Dam Project, we see no reason for the increase in our volume and share price
    increase."
    Which was "CuFe Ltd (ASX: CUF) (CuFe or the Company) is pleased to provide an update on exploration activities
    related to the North Dam Project (E15/1495) and the West Arunta Project (E80/5925).
    CuFe Executive Director, Mark Hancock, commented “We have continued to make good progress on our
    greenfield exploration projects. More fieldwork and recent rock chip results from North Dam have defined
    several exciting drill targets for Lithium, Rare Earths and Niobium.
    Nearby explorers are having success with current drill programs, and we are working hard to get all
    approvals in place in time to have drills turning in the March Quarter 2024. The tenement has had very little
    drilling historically, so we are excited to test some of these outcropping pegmatites below the surface,
    including those within the recently acquired MLN 15/1841, and where rock chip sampling has identified
    presence of spodumene, elevated path finder elements and anomalous REE.

    Meanwhile in the emerging West Arunta exploration province we have grown our tenement package to
    increase our opportunity to follow on from the Niobium and Rare Earth Element discoveries occurring there
    recently.”
 
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