Future Battery Minerals (ASX:FBM) Shares Rise 18.75% on Coolgardie Expansion and Gold Focus

Wed 25 Jun 25, 03:07 AM | Team Kalkine

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Highlights:

Future Battery Minerals Limited (ASX:FBM) shares rose 18.75% to AUD 0.0190 on 25 June 2025 after the company released an update on its Coolgardie Project and broader exploration strategy. The update outlines recent acquisitions confirmed gold mineralisation, and a cash-positive position aimed at enabling ongoing development work across multiple targets in Western Australia.

The company has increased its focus on the Coolgardie Greenstone Belt, where it now controls over 75km² of 100%-owned tenure. The belt is considered geologically significant, hosting more than 3.3 million ounces of historical gold production and six operational gold mills within a 50km radius, three of which are located within 15km.

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