Investment
Features
FeesSafety
Academy
More
Pluang+

Phase 1 drilling confirms extensive copper mineralisation at Matsitama, prompting a large-scale gravity survey to target new zones.

Market News
28 Sep 2026
Newsfile Corp
View Source
Bullish
Phase 1 drilling confirms extensive copper mineralisation at Matsitama, prompting a large-scale gravity survey to target new zones.

Eastport Critical Metals announced that Phase 1 drilling at the Matsitama Copper Project in Botswana confirmed continuous copper mineralisation over a 10km strike length, significantly expanding the known resource footprint. The company has started a 291 km² gravity geophysical survey over a 30 km soil anomaly zone from Thole to Copper Snake to identify dense rock and deeper structures, aiding future exploration. These findings support the potential for multiple district-scale copper targets within the 1,845 km² license area, with plans for further structural mapping, geophysics, and infill drilling to define resources under NI 43-101 standards. This progress highlights Matsitama as a promising copper district with significant exploration upside.

Eastport Critical Metals' recent copper exploration progress is presented here with Pluang's Basic Materials sector data for context. As of Sep 28, 2026 17:13 WIB, among 38 priced US Basic Materials stocks on Pluang, only 8 rose while 27 fell. Notably, Freeport-McMoRan Inc (FCX) traded at USD 69.29 with a 1-day change of -4.16% and a typical hold time of 69 days, Agnico Eagle Mines Ltd (AEM) was at USD 186.40 down 4.15% with a 55-day hold, and Teck Resources (TECK) at USD 63.70 down 3.56% with a 6-day hold.

More News

Wallenius Wilhelmsen highlights unprecedented global market shifts, especially China's impact on automotive and shipping sectors.

Wallenius Wilhelmsen highlights unprecedented global market shifts, especially China's impact on automotive and shipping sectors.

Wallenius Wilhelmsen ASA's CEO Lasse Kristoffersen discussed during a recent call the exceptional global market dynamics affecting the automotive, high & heavy, and shipping sectors. He emphasized the significant influence of China's advanced manufac...

Market News
Neutral
4 hours ago
Nvidia pays second 2400% increased dividend; insiders sell $550M in September.

Nvidia pays second 2400% increased dividend; insiders sell $550M in September.

Nvidia is set to pay its second dividend after a massive 2400% increase, giving shareholders $0.25 per share on October 1. This follows a previous dividend hike from $0.01 to $0.25 per share earlier in the year. Meanwhile, Nvidia insiders sold about ...

Company Fundamentals
Neutral
4 hours ago
IREN stock drops 42% but Wall Street targets 77.97, betting on AI cloud growth and contract gains.

IREN stock drops 42% but Wall Street targets 77.97, betting on AI cloud growth and contract gains.

IREN's stock has fallen 42.6% from its peak amid revenue misses and a costly hardware impairment, yet Wall Street analysts see potential with a $77.97 average price target, implying a 76.7% upside. The company is shifting from digital mining to AI cl...

Analyst Insights
Neutral
4 hours ago
Pi Network moves Protocol 28 to Testnet, sets Oct 13 node update deadline before Oct 16 Mainnet upgrade

Pi Network moves Protocol 28 to Testnet, sets Oct 13 node update deadline before Oct 16 Mainnet upgrade

Pi Network has launched Protocol 28 on its Testnet and set a deadline of October 13 for node operators to install the update ahead of a planned Mainnet upgrade on October 16. This upgrade aims to improve transaction delay handling and enhance develop...

Protocol Fundamentals
Neutral
4 hours ago
Edgewater Wireless advances PrismIQ demo with OVIN and Fidus support for next-gen Wi-Fi 8 platform.

Edgewater Wireless advances PrismIQ demo with OVIN and Fidus support for next-gen Wi-Fi 8 platform.

Edgewater Wireless announced its PrismIQ development and customer demonstration program, supported by Fidus Systems and the Ontario Vehicle Innovation Network (OVIN). The program focuses on validating next-generation Wi-Fi 8 capabilities using an FPG...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App