True North Copper Discovers 51m Copper Zone at Great Australia Mine in Queensland
True North hits 51m copper zone near Qld Cloncurry mine
Image: The Sydney Morning Herald
True North Copper has reported significant copper and gold assay results from its Great Australia Mine in North-West Queensland, including a standout 51-meter zone grading 0.37% copper and 0.07 g/t gold. These findings may enhance resource growth and contribute to the Cloncurry copper project’s development.
- 01The standout drill hole intercepted a 51-meter zone grading 0.37% copper and 0.07 g/t gold, with a higher-grade section of 30 meters at 0.52% copper.
- 02Another hole revealed a 13-meter zone at 0.38% copper, including a one-meter section grading 2.01% copper and 0.47 g/t gold.
- 03New mineralization was found 75 meters outside the current resource boundary, indicating potential for resource expansion.
- 04True North Copper aims to create a significant copper production hub by consolidating multiple targets across the Mount Isa Inlier.
- 05The company plans to integrate exploration outcomes into future resource upgrades and a pre-feasibility study by the end of 2023.
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True North Copper has announced promising results from its exploration and resource extension drilling program at the Great Australia Mine in North-West Queensland. The highlight of the campaign was a drill hole that revealed a 51-meter zone grading 0.37% copper and 0.07 g/t gold, with a notable 30-meter section grading 0.52% copper. Additional significant findings included a 13-meter zone at 0.38% copper, featuring a one-meter section with 2.01% copper and 0.47 g/t gold. These results, located 75 meters beyond the current resource boundary, suggest the potential for resource growth and flexibility in the mine plan. True North's strategy includes consolidating district-scale targets in the Mount Isa Inlier, aiming to establish a robust copper production hub. The company is transitioning to technical work, with further assay results expected from the Wallace North and South prospects in the coming months, leading to a comprehensive pre-feasibility study planned for late 2023.
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The discovery of new mineralization may enhance the local mining economy and create job opportunities in the region.
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