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True North Copper Limited (ASX:TNC)

ALERT: Price-sensitive ASX Announcement for TNC
Current share price for TNC : $0.365 -0.075 (-17.05%)+
Announcement
Release
11 Aug 2026 8:18AM
Price at Release
$0.440
Full Release
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Summary
True North Copper Limited has announced significant results from their Mt Oxide project, with high-grade copper drilling extending to a depth of 300 meters. The drilling results at the Aquila prospect within the Mt Oxide project have returned notable copper, cobalt, and silver mineralization, demonstrating considerable potential for resource expansion. These results include substantial copper intercepts, with some sections yielding copper grades of over 2% and accompanied by cobalt and silver mineralization. This announcement is a part of TNC's ongoing exploration efforts to define and expand the resource base within the Cloncurry region, highlighting their strategic focus on enhancing project value through targeted exploration.
Key Points
  • High-grade copper intercepts at Mt Oxide extended to 300m depth.
  • Notable copper grades over 2% in some drilling sections.
  • Significant cobalt and silver mineralization associated with copper findings.
  • Continued exploration and resource expansion at the Aquila prospect.
  • Part of True North Copper's strategy to enhance project value.
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.