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True North Copper ( (AU:TNC) ) has issued an update.
True North Copper Limited has commenced a Pre-Feasibility Study (PFS) for its Cloncurry Copper Project, following successful 2025 drilling results that revealed high-grade copper-gold intersections at Wallace North and the Great Australia Mine. The PFS aims to build on a low-capital development pathway, utilizing existing infrastructure and toll-treatment agreements to enhance project economics and operational efficiency. The study will focus on optimizing processing configurations and updating economic models to support a potential Final Investment Decision by late 2026 or 2027, with ongoing stakeholder engagement and regulatory progress.
More about True North Copper
True North Copper Limited is a company operating in the mining industry, focusing on the exploration and development of copper and gold deposits. The company is primarily engaged in advancing the Cloncurry Copper Project, leveraging existing infrastructure and strategic partnerships to optimize its operations.
Average Trading Volume: 319,212
Technical Sentiment Signal: Sell
Current Market Cap: A$70.7M
See more data about TNC stock on TipRanks’ Stock Analysis page.