True North Copper ( (AU:TNC) ) has issued an update.
True North Copper Limited has announced the identification of additional copper targets at its Great Australia Mine, part of the Cloncurry Project in Queensland, following an induced polarisation geophysics survey. The survey has revealed three high-order drill targets and five undrilled chargeability anomalies, suggesting potential for significant resource expansion. A 15-hole drill program is planned to test these targets, with drilling expected to begin in late March 2025. This development positions True North to potentially enhance its resource base and strengthen its market position in the copper mining sector.
More about True North Copper
True North Copper Limited operates in the mining industry, focusing on the exploration and development of copper resources. The company is primarily engaged in identifying and expanding copper deposits, with a significant emphasis on its projects in Queensland, Australia.
YTD Price Performance: -88.33%
Average Trading Volume: 228,003
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$44.58M
For a thorough assessment of TNC stock, go to TipRanks’ Stock Analysis page.