Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
True North Copper ( (AU:TNC) ) has provided an announcement.
True North Copper Limited has announced significant drilling success at its 100%-owned Mt Oxide Project, particularly at the Aquila Discovery. The latest drilling results have extended the known mineralized strike by an additional 200 meters, confirming a total strike length of more than 700 meters with mineralization open in all directions. This positions Aquila as a substantial mineral system comparable to significant deposits in the Mt Isa Inlier. The Phase 2 drilling program has been completed, with further assay results pending, and plans are underway for a follow-up drilling program in 2026. This discovery is considered one of the strongest copper intercepts reported this year in Australia, indicating potential for further high-grade copper zones.
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 resources. The company is primarily engaged in the extraction and development of copper deposits, with a significant focus on the Mt Oxide Project located in Northwest Queensland, Australia.
Average Trading Volume: 190,228
Technical Sentiment Signal: Sell
Current Market Cap: A$42.04M
Learn more about TNC stock on TipRanks’ Stock Analysis page.