Visual copper a sight for eager True North eyes

True North Copper's Mount Oxide project has left its best until last in the latest drilling effort. True North Copper has reported intersecting visual copper mineralisation in the final two drillholes of the company’s initial diamond drilling program. The program has been carried out at the 100 percent owned Vero copper-silver-cobalt resource. The project site is located approximately 120km north of Mount Isa in north-west Queensland, where the Mount Oxide mine operated intermittently from 1927 until 1971 and included both open-pit and underground mining. Main image: Strong chalcocite (silver grey to black mineral) vein and vein breccia mineralisation in MOXD225 at approximately 352.90m. The program lived up to their expectation of the resource, managing director Marty Costello said. “We are incredibly excited by these stunning intercepts of visual copper mineralisation and associated drill core data,”Mr Costello said. Related: True North Copper boosts Wallace North resource “Our drilling program continues to confirm the phenomenal mineralisation of the Vero Resource and is providing substantial insight into zonation and what we believe to be the principal feeder system of the Vero resource. “We look forward to updating the market in November on the remaining assay results from the Vero Resource drilling program and we remain on track to deliver an updated Mineral Resource Estimate for the Vero Resource in Q1 2024.” Highlights Holes MOXD225 and MOXD226A both intercepted wide zones with high visual estimates of copper sulphide mineralisation. MOXD225 highlights include 18.33m from 259.67m with vis. est. of 3-4% chalcocite, 1% covellite, 0.5% chalcopyrite and 4% pyrite and 57.33m* from 349.87m consisting of three visually strong mineralised sub domains. 7.48m from 349.87m with vis. est. 5% chalcocite, 2% covellite, 1-2% chalcopyrite and 8% pyrite 8.65m from 357.35m with vis. est. 2% chalcocite, 0.5% covellite, 0.5% chalcopyrite and 8% pyrite 41.20m from 366.00m with vis. est. 2-3% chalcopyrite, 0.5% chalcocite, 9% pyrite and trace covellite MOXD226A highlights include 70.75m from 224.55m consisting of four subdomains. domains highlights (Table 1) include: 19.60m from 224.55m with vis. est. of 2-3% chalcocite, 0.3% covellite and 6% pyrite 21.15m from 244.15m with vis. est. of 1-2% chalcopyrite, 1% bornite, 0.5% chalcocite, 0.5% covellite and 4% pyrite 18.95m from 276.35m with vis. est. of 2% chalcocite, 2% covellite, and 13% pyrite 8.15m from 343.15m with vis. est. 4% chalcocite, 1% covellite, 1-2% pyrite The company said the next step at the Vero resource included a re-estimation of the Vero resource this quarter. Assay results for the remaining Vero resource drillholes are expected in November.

Visual copper a sight for eager True North eyes

Industry Queensland

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