Freeport Resources Inc V.FRI

Alternate Symbol(s): FEERF

Metals & Mining Industrial Metals & Minerals

Freeport Resources Inc. is a Canadian mineral exploration company with a primary focus on advancing the development of the Yandera copper-gold-molybdenum project, located in Madang Province, Papua New Guinea. The Company owns 100% of the Yandera project. The Yandera project is one of the largest undeveloped copper-gold deposits, covering approximately 245.5 square kilometers. The Yandera Copper Project is located in the highly prolific PNG Orogenic Belt, the same geological arc as some of the world’s largest deposits, including Grasberg, Frieda River, Porgera, Lihir, Wafi-Golpu and Kainantu. The Company's subsidiaries include Quidum Resources Inc., Highlands Pacific Resources Ltd., Carpo Resources Inc., Era Resources Inc., Marengo Mining (Australia) Pty Limited, Yandera Mining Company Limited and Yandera Mining Company (Holdings) Pty Limited.

TSXV:FRI - Post by User

Freeport Resources Inc > $FRI Breakdown

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Post by SkywalkerofLukeon Jul 19, 2021 5:32pm

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Post# 33573049

$FRI Breakdown

On this down day I’ve been looking around for some interesting companies in the gold market. Came across $FRI or Freeport Resources who currently has 2 projects underway in Papua New Guinea. The combined resources of these two projects exceeds 7 million ounces of gold equivalent or 3 millions pounds of copper equivalent.

This video with the president and CEO of $FRI goes over the two projects, drilling results, undervaluation of copper, and the advantages of mining in Papua New Guinea + more.

MC is $15.23M.

Promising stuff, worth checking out

https://www.youtube.com/watch?v=R3utSZBFmL0&t=127s

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