FMR Resources Ltd. Stock Analysis FMR.AX

FMR Resources Ltd. engages in the development of cloud-based software as a service solution platform focusing on recruitment management. The company is headquartered in Sydney, New South Wales. The company went IPO on 2010-11-30. The firm is focused on battery and critical mineral exploration and development. The Company’s flagship Llahuin copper-gold-molybdenum project is located close to the city of Illapel, in the Coquimbo Region, 350 kilometers north of Santiago in Chile, at an elevation of 1,300 meters above sea level. In addition to Llahuin, it holds other Canadian projects at Fairfield and Fintry, both of which are prospective for copper and rare earth elements. The Fairfield Copper Project is located in the prospective Appalachian Gold-Copper Belt, which is renowned as a well endowed copper-gold province with known deposits, including the Gaspe Copper Deposit. The Fintry REE Project comprises 12 square kilometers of claims located on the southern zone of the Nagagami River alkalic complex in Ontario Canada. The project is strategically located in the Archean and Proterozoic Superior Province terrain in Ontario.