True North Copper Limited (ASX:TNC) Identifies New Copper Targets at Great Australia Mine
Exploration Results
True North Copper Limited (ASX:TNC) has announced the results of its 2025 induced polarisation (IP) geophysics survey at the Great Australia Mine (GAM) in Cloncurry, Queensland. The survey has identified three highly prospective drill targets—Whip, Coppermine Creek, and Python—along with five additional chargeability anomalies for testing. These findings suggest the potential discovery of new large mineralisation zones, significantly expanding GAM’s resource base.
Drill Program
The company has designed a 15-hole, approximately 2,900m reverse circulation (RC) drill program to test these new targets. True North Copper has selected a preferred drill contractor and is currently securing on-ground cultural and environmental clearances. Drilling mobilisation is scheduled to commence in late March 2025, with drilling expected to run for just over two weeks before advancing to the Mt Oxide program.
Executive Comments
Managing Director Bevan Jones stated, “Through the induced polarisation (IP) geophysical survey at Great Australia Mine (GAM), our exploration team has successfully defined several, additional, highly prospective targets along strike, down dip and between known resources within the extensive GAM mineral system. We look forward to what we hope will be an exciting next phase for True North, not only at the Cloncurry Copper Project but also in the Mt Oxide district, with results expected in the coming months.”
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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