Metals One Announces Drilling Contractor Tender for Hammaslahti Project
Why we think this is neutral
This RNS announcement provides an update on Metals One's plans to commence a drilling program at its Hammaslahti Copper-Zinc Project in Finland. While the news indicates progress on the project, it does not contain any financial or operational updates that would significantly impact the company's performance or outlook.
Key Points
- Metals One has put out a tender for a drilling contractor to conduct a 2,000m, 10-hole diamond core drill programme at its Hammaslahti Copper-Zinc Project in Finland
- The planned drill programme will focus on the E-lode target and a greenfield area at the project
- Metals One intends to commence drilling activities later this year, pending award of the contract and confirmation of rig availability
Summary
Metals One PLC (AIM: MET1) has announced that it has put out a tender for a drilling contractor to provide services for a 2,000m, 10-hole diamond core drill programme at the Company's Hammaslahti Copper-Zinc Project in Finland. The planned drill programme will focus on the E-lode target and a greenfield area at the project. Pending award of the contract and confirmation of rig availability, Metals One intends to commence drilling activities later this year.