New blood for a new era of mining

Partner promotion There are enough resources projects in North West Queensland to more than shore up a future for the Isa Carpentaria Minerals Province. They’ll be profiled at the upcoming 2024 North West Minerals Province Exhibition, (MPX). Main image: True North Copper - Stockpiled oxide ore from Mount Norma on ROM pad. Director Marty Costello is speaking at the North West MPX in May The economic drivers were in play to ensure that demand alone would change the profile of resources into economic mineral reserves, said Commerce North West President Emma Harman. “The International Copper Association says demand for copper is expected to double by 2050 from 25 million tonnes to 50 million tonnes to account for decarbonisation technologies including electric vehicles,” said Ms Harman. “The recent Australian Mine Waste Symposium in Brisbane was told there were hundreds of new mines needed around the world and in short order. “The Isa-Carpentaria Minerals Province is copper central and there are projects, some having reached production, which are striving to meet this shortfall.” One of those projects is True North Copper which has just laid out its 2024 exploration plans across its 850sq km-plus tenure package in North-West Queensland. Related: Mount Isa yet to hit its stride Director Marty Costello is presenting at the conference and said the company was aiming to update its resources and reserves throughout 2024, starting with the Vero resource at Mount Oxide, followed by further work at the Cloncurry Copper Project. “Our 2024 exploration program is focused on transformative discoveries in and around large-scale mineral systems within the Mount Isa Inlier,” he said. “By the second half of 2024 we will be able to aggressively drill test a series of high-quality, priority exploration targets across the prospective, underexplored and phenomenally mineralised Mount Oxide project tenements. “We are also actively pursuing exploration and expansion opportunities at the GAM (Great Australia Mine) and Wallace North deposits, alongside multiple exploration targets within our strategic tenure package around our Cloncurry Copper Project. “Our 2023 exploration program identified significant potential for CCP mine-life expansion beyond our current plans and our 2024 exploration program will build even further on developing our promising long-term growth prospects.” TNC’s maiden diamond drilling program across Mount Oxide’s Vero resource last year delivered results including 66.50m (48m estimated true width) at4.95 per cent copper. Other speakers include David Williams from Mount Isa Minerals and Robert Kirtlan from Renegade Exploration. The North West MPX is held at the Mount Isa Civic Centre May 7-9. Click here to register.

New blood for a new era of mining

Industry Queensland

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