Noronex Ltd. Webinar: Updates on Exploration Results in Namibia

Posted On: February 25, 2025
Posted By: Clara Lopez
Comments: 0

Noronex Ltd. will host a webinar led by Chief Geologist Bruce Hooper to discuss exploration results from the Fiesta Copper Project in Namibia. The company focuses on modern exploration techniques in the Kalahari Copper Belt. Noronex reports a 60% gain year-to-date with a current market cap of A$7.99M, although consensus sentiment remains a sell.

Noronex Ltd. (ASX: NRX) has announced that Chief Geologist Bruce Hooper will lead a webinar to present the latest exploration findings from the Fiesta Copper Project located in Namibia. This session will provide updates on Noronex’s exploration activities across its extensive land-holdings situated in the Kalahari Copper Belt, spanning regions in both Namibia and Botswana. The company emphasizes its dedication to employing advanced exploration technologies to improve resource discovery outcomes.

As an ASX-listed copper entity, Noronex Limited operates advanced projects in the Kalahari Copper Belt, with additional interests in Ontario, Canada. The firm aims to utilize cutting-edge technology and innovative exploration methods to augment its resource portfolio. This includes a JORC 2012 Resource estimate of 10 million tonnes at 1.3% copper at the Witvlei Project, signifying a robust foundation for further resource development.

Noronex has delivered a notable year-to-date price performance of 60.0%, accompanied by an average trading volume of 741,871 shares. Currently, the technical sentiment consensus recommends a sell position, with the company’s market capitalization standing at A$7.99 million.

In summary, Noronex Ltd. is set to present a webinar led by its Chief Geologist, showcasing significant exploration results and activities in Namibia. The company is focused on expanding its resource base through modern exploration techniques, maintaining a strong foothold in the copper market despite current technical sentiment suggesting a sell. Investors and stakeholders are encouraged to attend the session for comprehensive insights into the company’s ongoing projects.

Original Source: www.tipranks.com

Clara Lopez

Clara Lopez is an esteemed journalist who has spent her career focusing on educational issues and policy reforms. With a degree in Education and nearly 11 years of journalistic experience, her work has highlighted the challenges and successes of education systems around the world. Her thoughtful analyses and empathetic approach to storytelling have garnered her numerous awards, allowing her to become a key voice in educational journalism.