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Wednesday 26 June 2024

CuFe (ASX:CUF): Fast-tracking copper, niobium and lithium exploration with $3M capital injection

CuFe (ASX:CUF) is a small-cap mineral explorer and producer with interests in a number of Australian-based projects and tenements prospective for copper, lithium, gold, rare earths and iron ore. The Company commenced shipping from its WA-based high grade DSO hematite iron ore deposit in October 2021.Ahead of appearing at Peak Asset Management’s Sky High Luncheon, CuFe’s Executive Director Mark Hancock speaks with The Stock Network’s Lel Smits.

1. Capital raise
CuFe recently completed a $3 million capital raising. Which of the Company’s exploration projects do you plan to fast track now this additional funding is in place?

2. CuFe has a producing asset
CuFe is one of a very select group of ASX-listed small cap mining stocks with a producing asset. What is it and what is its future mine life and cash flow profile?

3. Outlook question
What exploration deliverables do you want to achieve by this time next year?

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