Freeport Resources Owns 100% of Yandera Copper Project
Focused on the development of its 100% owned Yandera Copper Project, within a 245 square kilometre tenement package in Madang Province, PNG. Approximately USD$200 million in exploration and development expenditures have been spent since 2005, including a Pre-Feasibility Study* by Worley Parsons in 2017. Freeport Resources is planning to commence work towards a Definitive Feasibility Study and accelerate discussions with potential strategic partners.
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Freeport Resources Appoints Key Advisors to Lead Yandera Copper Project Optimization Study
Read Announcement: Freeport Resources Appoints Key Advisors to Lead Yandera Copper Project Optimization Study -
Freeport Resources Closes $5.2 Million Over-Subscribed Private Placement
Read Announcement: Freeport Resources Closes $5.2 Million Over-Subscribed Private Placement -
Freeport Financing and Operational Update
Read Announcement: Freeport Financing and Operational Update -
Freeport Receives Additional Extension for Completion of Offering
Read Announcement: Freeport Receives Additional Extension for Completion of Offering
*The PFS was prepared prior to the Company acquiring an interest in the Yandera Copper Project, and is derived from historical estimates which the Company is not treating as current. This information is intended to provide readers with context on historical analysis conducted on the Yandera Copper Project, however the Company cautions that a qualified person has not done sufficient work to classify any historical estimates in respect of the Yandera Copper Project as current and any analysis conducted by previous owners of the Yandera Copper Project, may rely upon assumptions which are no longer reasonable or accurate in the context of the current market.