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True North Copper ( (AU:TNC) ) has provided an announcement.
True North Copper has updated the Mineral Resource Estimate for its Wallace North copper-gold deposit within the Cloncurry Copper Project in Northwest Queensland, incorporating additional 2025 drilling and depletion from minor 2024 mining. The revised estimate shows net resource growth despite depletion, with tonnage up about 12%, contained copper up 9% and contained gold up 11%, while grades and geometry remain consistent, providing a more robust technical baseline for the ongoing Pre-Feasibility Study, future development planning and targeted drilling to test underground and resource extension potential, alongside an expected resource update for the nearby Great Australia Mine in early 2026.
The most recent analyst rating on (AU:TNC) stock is a Hold with a A$0.60 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 ASX-listed base metals company focused on the exploration and development of copper-gold assets in Northwest Queensland. Its 100%-owned Cloncurry Copper Project encompasses several deposits, including Wallace North and Great Australia Mine, as it advances studies toward potential future production and mine development in the region.
Average Trading Volume: 554,847
Technical Sentiment Signal: Sell
Current Market Cap: A$76.43M
See more data about TNC stock on TipRanks’ Stock Analysis page.