Freehill Mining Limited announced encouraging assay results from its El Dorado project, a 730-hectare, 100%-owned site adjacent to the Yerbas Buenas magnetite mine and aggregates operation in Chile. Recent rock chip samples collected from the northern portion of the tenement returned promising grades, including copper values of 4.0%, 2.77%, 2.7%, 2.0%, and 1.5%, alongside gold readings of 1.71 g/t, 1.31 g/t, and 0.9 g/t. These results add to earlier exploration outcomes, notably at “Target A,” where assays included standout gold grades as high as 13.52 g/t and a consistent average of 5.24 g/t Au over a 200-metre mineralised vein. The exploration highlights outlined a mineralisation style consistent with an IOCG system — a mix of magnetite, copper, and gold — and confirmed that copper leachability tests yielded positive results of up to 88%. Although the copper and gold mineralisation appears to be highly localised, Freehill Mining Limited intends to continue low-cost sampling and trenching until there is sufficient evidence to justify extensive drilling. This approach underscores a cautious yet optimistic undertaking where further work, including additional surface sampling, mapping, and potential RC drilling, is planned to explore nearby mineralised bodies at depth. In parallel with its exploration efforts, the Company is advancing its second aggregates site into the commissioning phase. Material testing is underway to ensure compliance with customer specifications, with deliveries expected to commence this month. The Chairman’s comments reinforced the sentiment that exploration remains promising and reiterated the Company’s commitment to expanding its cash-generating operations while progressively developing the El Dorado project. From a market sentiment viewpoint, the news carries a bullish tone due to the robust assay results and potential for upside on a large landholding with established IOCG characteristics. The positive technical indicators, especially the high copper and gold grades and the promising leachability tests, bolster confidence in the project's prospects. Conversely, cautious investors may note that the mineralisation is highly localised and that further drilling is required to define resource potential, indicating a need for patience and incremental capital commitment before larger-scale development can be justified.