True North Copper ( (AU:TNC) ) has shared an update.
True North Copper Limited has commenced a significant RC drilling program at the Great Australia Mine, part of its Cloncurry Copper Project in Queensland. This initiative is a crucial step in the company’s exploration strategy, with plans to drill nearly 15,000 meters across its Cloncurry and Mt Oxide projects. The drilling targets include highly prospective geophysical sites near existing mining leases, which could extend the mine’s life and enhance its operational plan. The company anticipates releasing assay results in the coming months, which are expected to be pivotal in expanding True North’s resource potential and strengthening its position in the copper mining sector.
More about True North Copper
True North Copper Limited is a company operating in the mining industry, focusing on copper exploration and development. Its primary projects are located in Cloncurry and Mt Oxide, Queensland, where it aims to expand its resource base and optimize mining operations.
YTD Price Performance: -88.83%
Average Trading Volume: 174,988
Technical Sentiment Signal: Buy
Current Market Cap: A$42.67M
Learn more about TNC stock on TipRanks’ Stock Analysis page.