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Company Interview / New stock in town

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New stock in town

Company Interview20 Dec, 2024

Fergus Kiley Managing Director of Mt Hope Mining (ASX:MHM) shares his excitement about the company's ASX debut. Located in the Cobar Basin, they focus on exploring a tenement package of 175 km², surrounded by historic copper and gold mines. Fergus sees uncharted areas rich in potential.

Fergus outlines plans for modern exploration techniques, targeting untouched grounds with geochemical sampling and geophysical surveys. The $5 million IPO will fund soil surveys, geophysical surveys, and an RC drill programme by mid-next year. Mt Hope's proximity to infrastructure lowers exploration costs significantly.

Fergus is optimistic about Mt Hope’s (ASX:MHM) position in a prolific mining region, highlighting accessible entry points for investors. He sees strong potential with copper and gold markets as geopolitical risks increase and demand for copper surges for electrification.

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