Pivotal Metals Limited (ASX:PVT)

ALERT: Price-sensitive ASX Announcement for PVT

Current share price for PVT : $0.014 0.002 (16.67%)⁺

Announcement

Major Copper Resource Growth at Horden Lake

Release

7 Jul 2026 9:20AM

Price at Release

$0.012

Full Release

Summary

Pivotal Metals Limited announced significant growth in copper resources at the Horden Lake project, located in Quebec, Canada. The project is an advanced stage, copper-dominant deposit with a total Mineral Resource Estimate (MRE) of 52 million tonnes at 1.05% copper-equivalent, containing 549 kilotonnes of copper-equivalent metal. This includes a 42% increase in total MRE and a 46% growth in the open pit resource. The updated MRE positions Horden Lake as a leading high-grade open pit copper deposit, with significant by-product credits including gold, palladium, platinum, and silver. The project is poised for further growth with potential in both open pit and underground zones. Pivotal Metals plans to advance the project towards its first economic assessment in Q3 2026, amidst high global copper prices.

Key Points

Major copper resource growth at Horden Lake announced.
Total MRE increased to 52 Mt at 1.05% CuEq.
46% growth in open pit resource, totaling 485 kt CuEq.
Horden Lake is a high-grade open pit copper deposit.
Significant by-product credits include gold, palladium, platinum, and silver.
Further growth potential in both open pit and underground zones.
First economic assessment planned for Q3 2026.

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.