Future Metals (ASX: FME) Discovers Significant Copper-Nickel Deposit at Eileen Bore

Key Highlights:

• Major Copper-Nickel Discovery: Drilling confirms a 4.5km-long mineralized intrusion at Eileen Bore.
• Strong Drill Results: Best intercept includes 30m @ 1.06% Cu, 0.45% Ni, and 1.14g/t PGM(3E) from 88.9m.
• First Ever Drilling at Target 2: Holes confirm 127m of magmatic sulphides, with key intersections including 7.4m @ 0.46% Cu, 0.51% Ni, and 0.3g/t PGM(3E).Expansion Potential: The newly defined 4.5km mineralized intrusion remains open for further exploration and growth.

A Game-Changing Discovery at Eileen Bore

Future Metals NL (ASX: FME) has made a breakthrough copper-nickel discovery at its Eileen Bore Prospect, identifying a 4.5km-long mineralized intrusion with significant expansion potential. The discovery follows drilling and ground gravity surveys, confirming the presence of high-grade copper, nickel, and platinum group metals (PGM).

This exciting find puts Eileen Bore on the map as a major emerging copper-nickel-PGM project, offering Future Metals a unique growth opportunity in the critical minerals sector.

Drill Results Confirm Strong Copper-Nickel Grades

Recent drilling at Eileen Bore delivered high-grade copper and nickel mineralization, with standout intercepts including:

• EBDD002: 30m @ 1.06% Cu, 0.45% Ni, 1.14g/t PGM(3E) from 88.9m.
• EBDD003: 7.4m @ 0.46% Cu, 0.51% Ni, 0.3g/t PGM(3E) within a 127m mineralized zone of magmatic sulphides.
• EBDD001: 3.25m @ 0.46% Cu, 0.16% Ni, 0.51g/t PGM(3E).

These results confirm the continuity of copper-nickel-PGM mineralization and indicate that Future Metals has only scratched the surface of the deposit’s full potential.

A 4.5km Intrusion with Expansion Potential

Ground gravity surveys and drilling suggest that the mineralized zone at Eileen Bore extends for at least 4.5km, with internal density variations and faulting indicating multiple high-priority targets still left to explore.

The significance of this large-scale mineralized system was highlighted by CEO Patrick Walta, who commented:

            “This is an exciting discovery for Future Metals. The 4.5km mineralized intrusion provides significant scope for resource expansion, and these early drill results reinforce our confidence in Eileen Bore’s potential as a future source of copper, nickel, and PGMs.”

With a growing focus on securing critical minerals for the clean energy transition, this discovery strengthens Future Metals’ position as an emerging player in the battery metals and PGM markets.

Next Steps: Unlocking the Full Potential of Eileen Bore

Future Metals is now planning further exploration, including:

• Ground Electromagnetic (EM) Surveys to refine targets for follow-up drilling.
• Drilling at Target 3, which remains untested but shows strong geophysical anomalies.
• Additional step-out drilling to extend known mineralization along the 4.5km trend.

Why This Discovery Matters

The demand for copper, nickel, and PGMs is surging due to their essential role in electric vehicles, renewable energy, and industrial applications. With copper and nickel prices rising, Future Metals is well-positioned to benefit from this highly prospective discovery.