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Breakthrough Minerals Limited (ASX:BTM)

ALERT: Price-sensitive ASX Announcement for BTM
Current share price for BTM : $0.170 0.01 (6.25%)+
Announcement
Release
8 Jul 2026 8:57AM
Price at Release
$0.160
Full Release
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Summary
Breakthrough Minerals Limited has announced the commencement of resource expansion drilling at the Turpentine Deposit, a key component of the Hazel Creek Copper-Gold Project in North Queensland. This expansion is part of a larger 10,000m exploration campaign across their North Queensland Copper-Gold Project. The Turpentine Deposit, which is Breakthrough's largest copper-gold resource, hosts a Mineral Resource Estimate of 8.7Mt @ 1.16% CuEq. The drilling program is designed to target extensions of the copper-gold mineralisation to the north and at depth, as the mineralisation remains open in both directions. With Dr. Jim Yaxley appointed as Exploration Manager, the company is poised to leverage his extensive expertise in copper-gold systems to drive significant resource growth. Breakthrough expects to strengthen its position in the copper market through this strategic expansion.
Key Points
  • Breakthrough Minerals Limited has commenced resource expansion drilling at the Turpentine Deposit.
  • The Turpentine Deposit is part of the Hazel Creek Copper-Gold Project located in North Queensland.
  • This initiative is part of a broader 10,000m exploration campaign across the North Queensland Copper-Gold Project.
  • Turpentine Deposit hosts a Mineral Resource Estimate of 8.7Mt @ 1.16% CuEq.
  • The drilling program targets extensions of copper-gold mineralisation to the north and at depth.
  • Mineralisation remains open in both directions, with potential for resource expansion.
  • Dr. Jim Yaxley, an experienced geologist, has been appointed as Exploration Manager.
  • The company anticipates significant resource growth and strengthening copper market fundamentals.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.