FME: Drilling to Commence at Nickel Sulphide Targets

FUTURE METALS NL

• Significant area of anomalism identified at untested embayment feature (BC1) with anomalous nickel sulfide mineralization.
• Reverse circulation drilling scheduled to commence in mid-May 2023 at BC1.
• Exploration Incentive Scheme funding of $147,000 secured for drilling to test Ni-Cu-PGM targets at the Panton West target area in June 2023.

2023-05-04 08:14:00

FME: High Grade PGM Mineralisation from 350m Step Out Drilling

FUTURE METALS NL

• Deep drill hole at Panton returns promising results for high-grade PGM and sulphide mineralisation
• Nickel sulphide exploration model validated by latest drilling, supporting the prospectivity of untested embayment feature and other targets
• Step out intersection of up to 350m from existing Mineral Resource Estimate indicates significant growth potential for an updated MRE

2023-03-21 08:16:00

FME: Mining and Processing Breakthrough at Panton

FUTURE METALS NL

• Flotation repeatability established with consistent metallurgical PGM recoveries averaging 78%.
• Bulk ore sorting test work demonstrated 97% recovery of high-grade PGM bearing ore and rejection of low-grade material.
• Scoping Study well advanced and to be expanded to incorporate the positive impacts of ore sorting.

2023-02-13 08:13:00

FME: Large Ni-Cu-(PGE) Sulphide Zone Identified at Panton

FUTURE METALS NL

• Drilling confirms Panton hosts broad zones of disseminated Ni-Cu-(PGE) sulphides outside existing JORC Resource.
• Untested 'embayment' target prospective for accumulation of shallow sulphide mineralisation identified.
• Intersections demonstrating significant sulphide and PGE mineralisation, with potential positive implications for resource growth and metallurgy.

2023-02-02 08:59:00

FME: Quarterly Activities/Appendix 5B Cash Flow Report

FUTURE METALS NL

• Detailed gravity and magnetics modelling completed, delineating Ni-Cu-PGE sulphide targets
• Diamond drilling intersected near-surface magmatic sulphide mineralisation, providing evidence for a large Ni-Cu-PGE sulphide system
• Government Exploration Incentive Scheme Grant of A$220,000 awarded to co-fund a deep diamond drill hole

2023-01-19 09:26:00

FME: Farm-In Agreement Over East Kimberley Ni-Cu-PGE Prospects

FUTURE METALS NL

1. Future Metals has more than doubled its exploration position at Panton by securing the right to farm-in to the adjoining and highly prospective Panton North exploration ground, along with the Copernicus North project.
2. Right to earn a 70% interest in both tenements.
3. Panton North contains an extension of the prospective Panton keel position with anomalous nickel, copper and PGE grades confirmed by historic drilling and soil sampling.

2023-01-17 09:51:00