True North Copper launches major drilling push to grow Mt Oxide’s Aquila discovery

The latest update is out from True North Copper ( (AU:TNC) ).

True North Copper has commenced a new drilling program at its Mt Oxide Project to expand the Aquila copper‑cobalt‑silver discovery and drive resource growth across a more than 10km mineralised corridor. The Phase 1 campaign comprises about 6,000 metres of reverse circulation and diamond drilling targeting down‑dip and along‑strike extensions of known high‑grade intercepts at Aquila, while improving geological continuity to support future development studies.

A planned Phase 2 program will retain flexibility to follow up Aquila extensions and test additional regional targets, including Apollo, Rhea and extensions to the Vero Resource, as new geophysical and geochemical data are received. By systematically advancing a pipeline of prospects through 2026, the company aims to build scale at Mt Oxide, strengthen its growth platform in the Mt Isa district and potentially enhance its long‑term copper production profile.

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 mineral exploration company focused on high-grade copper, cobalt and silver assets within its Mt Isa portfolio in Queensland. The company’s Mt Oxide Project, anchored by the existing Vero Resource and the recent Aquila discovery, is being advanced as a potential sizeable standalone copper operation along major regional fault corridors.

Average Trading Volume: 430,165

Technical Sentiment Signal: Sell

Current Market Cap: A$69.33M

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