True North Copper’s (TNC) Great Australia mine (GAM) is set for a face-lift as the company prepares to launch a new drill program.
The 15-hole, 2900m program is aimed at uncovering untapped mineral potential at the Queensland mine as TNC hopes to set the project up as a major Australian copper asset.
“Through the induced polarisation (IP) geophysical survey at GAM, our exploration team has successfully defined several, additional, highly prospective targets along strike, down dip and between known resources within the extensive GAM mineral system,” TNC managing director Bevan Jones said.
TNC has identified three high order, highly prospective drill targets, dubbed Whip, CoppermineCreek and Python. The targets were identified between the Taipan and GAM resources after new analysis.
Currently, the company is progressing on-ground cultural and environmental clearances in preparation for drilling mobilisation in late March.
“Since Ernest Henry discovered Great Australia in 1867, exploration in this area has been sporadic,” Jones said.
“However, we believe that GAM, Taipan, Orphan Shear, and these newly identified targets are part of a larger, interconnected mineralised system with the potential to aggregate into a significantly larger resource base than previously envisioned.”
Once drilling ends at GAM, TNC will turn its attention to its Mt Oxide project, located under two hours away from GAM.
Jones said the entire TNC team is excited for the months ahead.
“We look forward to what we hope will be an exciting next phase for True North, not only at the Cloncurry copper project but also in the Mt Oxide district, with results expected in the coming months,” he said.