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Coppermoly Advances Wyenamdoo Tungsten Plans as Wet Weather Stalls Queensland Work

Story Highlights
  • Coppermoly’s Queensland field work was halted by wet weather that threatened geophysical data quality.
  • The company progressed WA Wyenamdoo due diligence and planned RC drilling targeting high-potential tungsten mineralisation.
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Coppermoly Advances Wyenamdoo Tungsten Plans as Wet Weather Stalls Queensland Work

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An announcement from Coppermoly Limited ( (AU:COY) ) is now available.

Coppermoly’s December 2025 quarter was marked by operational constraints in Queensland, where no field work could be conducted at its Mt Isa prospects due to wet weather that risked compromising geophysical survey data. In contrast, the company advanced its Western Australian strategy at the Wyenamdoo Project, completing due diligence, compliance checks and stakeholder engagement, and confirming plans for a 1,500-metre reverse circulation drilling program targeting surface tungsten mineralisation once the sale agreement with Aldoro Resources is finalised, positioning Coppermoly to benefit from heightened interest and pricing in critical minerals. The company also appointed Hall Chadwick (WA) as its new external financial auditor to support its corporate governance and audit requirements.

The most recent analyst rating on (AU:COY) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Coppermoly Limited stock, see the AU:COY Stock Forecast page.

More about Coppermoly Limited

Coppermoly Limited is an ASX-listed mineral exploration company focused on critical minerals and base metals, with key exploration prospects in Queensland’s Cloncurry–Mt Isa region and the Wyenamdoo Project in Western Australia. The company’s activities centre on identifying and advancing mineral deposits, including tungsten and other critical minerals, to capitalise on emerging demand and favourable commodity pricing trends.

YTD Price Performance: 10.0%

Average Trading Volume: 169,666

Technical Sentiment Signal: Sell

Current Market Cap: A$9.71M

For an in-depth examination of COY stock, go to TipRanks’ Overview page.

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