Freehill Mining Limited (ASX:FHS)
Freehill Mining Limited (ASX:FHS) is a mineral exploration company focused on the development of the Yerbas Buenas magnetite project in Chile.
Yerbas Buenas has proven magnetite mineralisation as well as being prospective for both gold and copper mineralisation. Drilling results to date have demonstrated that magnetite mineralisation extends along at least a 2km contiguous corridor of what is shown by geophysics to be a 3km long structure extending from the northern boundary to southern boundary of the property.
The company has also identified copper and gold mineralisation at Yerbas Buenas. Geophysics on the recently acquired El Dorado tenements immediately to the north have also identified a large potential copper structure.