True North Copper has taken significant steps in its exploration efforts at the Mt Oxide project in Queensland, identifying multiple new and highly prospective copper targets. The company’s geophysical survey has uncovered three shallow and untested anomalies at the historic Mt Gordon copper mine, coinciding partially with historical drill intersections, such as a 1.9m interval grading three percent copper from 106m downhole. These findings further bolster the project’s potential for high-grade copper discoveries.
Aquila Prospect Shows Promising Copper-Rich Structures
In addition to the Mt Gordon anomalies, the Aquila prospect has yielded encouraging results, with two new 20m-wide anomalies identified. One anomaly aligns with a 150m-long trend of anomalous copper fault breccias, while the other is up to 25m deep, correlating with a Dorman trending structure situated 80m below the surface. Initial rock chip sampling from iron oxide-rich breccias in the area has returned copper values of up to 0.94 percent, indicating strong mineralization potential.
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Geophysical Survey Reveals Untapped Potential
The survey, supported by a Queensland Government Collaborative Exploration Initiative (CEI) grant, used advanced MIMDAS induced polarisation (IP) and magnetotelluric (MT) technology to pinpoint previously unexplored geophysical targets. These newly discovered targets share key characteristics with the high-grade Vero copper-silver-cobalt resource at Mt Oxide, offering further evidence of the area’s untapped potential.
True North Copper managing director Bevan Jones expressed optimism about the findings, stating, “Our geophysical survey at Mt Oxide has revealed several new, highly prospective targets that share similar characteristics with our high-grade Vero deposit.”
Next Steps in True North Copper’s Exploration Strategy
Building on these results, True North Copper plans to advance its exploration strategy at Mt Oxide, integrating geophysics with ongoing mapping and sampling efforts. The next phase of exploration will involve completing the geophysical survey, finalizing heritage clearance and access planning for drilling, and designing the upcoming drilling programs.
Jones emphasized the significance of these developments, adding, “With these exciting discoveries, we’re optimistic about expanding our exploration footprint and identifying additional drill targets to unlock further potential.”
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