Fitzroy Minerals and Fleet Space Technologies applied machine learning combined with 3D seismic imaging to identify nine new, untested copper target areas at the Buen Retiro project in Chile. These targets lie within 400 meters of the surface and were prioritized by integrating geophysical data with over 24,000 copper assays from previous drill holes. Fitzroy has initiated a 5,000-meter drilling program to test these targets, with ongoing data used to refine the machine learning model and guide further exploration. This approach aims to discover new mineralization zones beneath gravel cover, potentially increasing the project's value in a prolific copper region.
Fitzroy Minerals and Fleet Space Technologies' new copper targets at Buen Retiro provide context for Basic Materials sector activity on Pluang. As of Oct 22, 2026 18:11 WIB, 11 of 83 Basic Materials stocks rose while 70 fell. Sibanye Stillwater Ltd (SBSW) traded at USD 9.39 with a 1-day change of -3.89%, Hycroft Mining Holding Corporation (HYMC) was at USD 16.46 down 3.88%, and Silvercorp Metals Inc. (SVM) closed at USD 9.00, down 3.85%.
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