FMR Resources (ASX:FMR) started an airborne electromagnetic survey at the Fairfield project in Canada, according to a Thursday filing with the Australian Securities Exchange.
The nine-day survey will target the Demoiselle, Dorchester North, and Tantramar prospects to identify anomalies along the targeted horizon and define drill targets, the filing said.
Shares rose nearly 3% in afternoon trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.