True North sets out exploration strategy

True North Copper has laid out its 2024 exploration plans across its 850sq km-plus tenure package in North-West Queensland. It is aiming to update its resources and reserves throughout 2024, starting with the Vero resource at Mount Oxide in early 2024, followed by further work at the Cloncurry Copper Project, according to managing director Marty Costello. "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) at 4.95 per cent copper. The company said it had identified multiple high-priority Mount Oxide exploration targets including: Aquila and Mount Gordon - A 1.5km long and 250m wide zone with similar structural setting to Capricorn Copper ore bodies. Ivena North - An undrilled and underexplored zone (900m-plus long and up to 150m wide) of steeply dipping, gossanous quartz-hematite breccias. Camp Gossans - A 1.8-km-long trend of intermittently outcropping fault breccias with numerous prospective gossanous outcrops up to 80m long and 10m wide. Cave Creek – A 2.3km-long EW-striking concealed EM conductor with prospective cross-cutting structures and Cu-Co-As soil anomalism. Big Oxide District – An underexplored district 16km north of the Vero resource that is prospective for sediment and shear-hosted Cu-Co-Ag and Cu-Zn-Pb mineralisation. TNC will also prioritise several exploration targets which offer the potential to add significant tonnes to the Cloncurry Copper Project’s life of mine including: The Greater Australian targets identified in TNC’s 2023 IP surveying The Wallace North IP/EM targets Multiple advanced exploration targets in a strategic 30km surrounding zone to the CCP including Wynberg, Notlor and Salebury.

True North sets out exploration strategy

Industry Queensland

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