COPPER 0.00% $2.71 copper futures

FMG joint venture TAS ANN today copper is on the move for...

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    FMG joint venture TAS ANN today biggrin.pngbiggrin.pngbiggrin.png copper is on the move for sure.

    Lake Torrens IOCG* Project – Drilling Commenced

    Tasman Resources Ltd (ASX:TAS) is pleased to advise that drilling on the Lake Torrens IOCG
    Project (EL6416) has commenced. The project is currently held 100% by Tasman and FMG
    Resources Ltd, a subsidiary of Fortescue Metals Group Ltd (ASX:FMG “Fortescue”) is in the
    process of earning an interest pursuant to the terms of a Farm In and Joint Venture Agreement (refer
    TAS:ASX Announcement 14 June 2019).


    https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02309061-3RH6NNB7OCEUJU46BM7K52ELS4/pdf?access_token=u7YJh4Nk9kQATOkgO2E7WxfNNT1v

    Bidens USA is going to need a lot of Copper to to get up to speed on the Paris accord on environment. You can bet on them wanting to get it from other sources than the 70% approx. they import from China at the moment, I forgot to mention the political instability in Chile.


    Tasman Resources TAS

    https://www.tasmanresources.com.au/

    MT has gained further validation as a mineral exploration tool
    from the well-known, so-called, ‘Fingers of God’ conductivity
    pathways that point to the Olympic Dam IOCG-U deposit
    which hosts the world’s largest uranium and fourth largest
    copper deposit, and adjacent ‘fingers’ pointing to two other
    IOCG deposits, Wirrda Well and Vulcan (Heinson et al 2018).

    TAS in JV wit FMG at Vulcan

 
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