Norfolk Metals Ltd. Stock Analysis NFL.AX

Norfolk Metals Ltd. provides exploration services. The firm's projects include the Carmen Copper Project, Orroroo Uranium Project and the Roger River Gold-Copper Project. The Carmen Copper Project (Project) is located in the Huasco Province, Atacama Region in Chile. The company encompasses twenty-two contiguous exploration and exploitation licenses totaling 46.6 square kilometers (km2). The Orroroo Uranium Project comprises three granted exploration licenses, EL6552, EL6814 and EL6948, which together cover 723 km2, located approximately 274 kilometers (km) northwest of the capital city of Adelaide, South Australia. The Roger River Project comprises one granted exploration license, EL20/2020, which together cover 74 km2, located 410 km northwest of the capital city of Hobart, Tasmania. The company is prospective for gold and copper as indicated by the silicification, argillisation and diatreme breccias in proximity to the Roger River Fault along with carbonate-rich host rocks.