Freeport Resources Inc.
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- Freeport Resources Inc. Freeport Resources Inc. (TSXV:FRI; OTCQB:FEERF) is a Vancouver-based junior mineral exploration company focused on advancing its wholly-owned, pre-feasibility stage Yandera Copper Project, one of the world's largest undeveloped copper deposits located within a 245 square kilometre tenement package in Madang Province, Papua New Guinea; the project targets copper, gold, and molybdenum resources in the prolific New Guinea Orogenic Belt, host to major deposits such as Grasberg, Ok Tedi, Porgera, Hidden Valley, Wafi-Golpu, and Frieda River. Incorporated in 1981 and headquartered at 750 West Pender Street, Suite 250, Vancouver, BC V6C 2T7, Canada, the company conducts all exploration activities in Papua New Guinea, with approximately USD $200 million invested in the Yandera project since 2005, including 154,600 metres of drilling primarily on the Yandera Central deposit, scoping studies, engineering and environmental assessments, and a 2017 Pre-Feasibility Study by Worley Parsons outlining an open-pit mine processing 33 million tonnes of ore annually over a 20-year life of mine with average copper production and an internal rate of return exceeding 20 percent. Recent developments include the renewal of Exploration License EL 1335 through November 19, 2025, enabling commencement of a Definitive Feasibility Study and acceleration of discussions with international strategic partners and investors; closure of a $5.2 million oversubscribed private placement in 2024 underscoring strong investor interest; completion of an internal project optimization review and results from an optimization study at Yandera; appointment of key advisors to lead the optimization efforts; and announcement of a further private placement in October 2025 with closing of its first tranche for approximately $1.6 million alongside updates on the license renewal.
Freeport Provides Update on Wardens Hearing on Renewal of Exploration License for Yandera Copper Project
Freeport Resources to Attend 121 Mining Investment Cape Town and Mining Indaba 2026
Freeport Commences Discussions with Kumul Minerals Holdings Limited to Advance the Yandera Copper Project, One of the World's Largest Undeveloped Copper Projects
Freeport Resources Reports PNG Government in Support of Yandera Copper Project and Closes Final Tranche of $3.5 Million Private Placement
Freeport Resources Announces Closing of Third Tranche of Private Placement
Freeport Resources Announces Closing of Second Tranche of Private Placement
Freeport Resources Announces Increase in Private Placement
Freeport Resources Announces Closing of First Tranche of Private Placement and Update on Renewal of Yandera Exploration License
Freeport Resources Announces Private Placement
Freeport Resources Appoints Key Advisors to Lead Yandera Copper Project Optimization Study
Freeport Resources Closes $5.2 Million Over-Subscribed Private Placement
Freeport Financing and Operational Update
Freeport Announces Private Placement Upsize
Freeport Receives Additional Extension for Completion of Offering
Freeport Closes Fourth Tranche of Private Placement
Freeport Closes Third Tranche of Private Placement
Freeport Closes Second Tranche of Private Placement
Freeport Raises $1.2 Million in First Tranche of Private Placement
Freeport Commences Internal Project Optimization Review for Yandera Copper Project, One of the World's Largest Undeveloped Copper Projects and Announces Private Placement
Freeport Commences Discussions with Strategic Partners for Yandera Copper Project, One of the World's Largest Undeveloped Copper Projects