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Fitzroy Minerals Hits Wide Shallow Copper Zones at Buen Retiro, Chile

Fitzroy Minerals reports wide shallow copper zones at Buen Retiro, with 111.9m at 0.97% Cu. Four rigs drilling to advance resource and target early 2028 production.

This news matters because it demonstrates the potential for near-surface, leachable copper mineralization at the Buen Retiro project, which could lead to a low-cost, rapid development scenario. The wide and consistent copper grades suggest a possible large-scale resource that could supply copper for the growing demand in renewable energy and electric vehicles. For investors, these results de-risk the project and support Fitzroy's goal of production by early 2028, offering a tangible path to value creation. The systematic drilling and quality control also build confidence in the project's technical foundation.