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True North Copper Launches 2026 Geophysics Program to Expand Mt Oxide Discovery

Story Highlights
  • True North Copper is starting a 2026 Mt Oxide geophysics program to extend its Aquila copper discovery and test regional prospects.
  • An 11km IP survey and imminent Phase 1 drilling aim to generate drill-ready copper targets and expand True North Copper’s resource base.
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True North Copper Launches 2026 Geophysics Program to Expand Mt Oxide Discovery

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True North Copper ( (AU:TNC) ) just unveiled an update.

True North Copper has launched its 2026 exploration campaign at Mt Oxide, aiming to build on its 2025 Aquila copper discovery, where drilling confirmed a scalable, high-grade mineralised system. The program centres on an 11 line-kilometre Induced Polarisation survey along the Dorman Fault and Mt Gordon corridor, targeting extensions to Aquila and multiple regional prospects including Apollo, Acanthis, Ivena and Rhea.

By integrating new geophysical data with existing geological and geochemical information, the company intends to refine and prioritise a pipeline of drill-ready copper, cobalt and silver targets. Phase 1 drilling is set to commence shortly, positioning True North Copper for a steady flow of exploration results that could expand its resource base at Mt Oxide and strengthen its growth prospects in the Australian copper sector.

The most recent analyst rating on (AU:TNC) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on True North Copper stock, see the AU:TNC Stock Forecast page.

More about True North Copper

True North Copper Limited is an Australian exploration and development company focused on copper, cobalt and silver projects in the Mt Oxide region of Queensland. Listed on the ASX under the ticker TNC, the company applies a geophysics-led targeting strategy across key structural corridors such as the Dorman Fault and Mt Gordon to identify and grow high-grade, scalable base metals deposits.

Average Trading Volume: 446,105

Technical Sentiment Signal: Sell

Current Market Cap: A$68.57M

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

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