The West Australian ·australia ·4 hours ago

True North bags neighbouring deposit to supercharge QLD copper play

True North Copper has acquired the adjacent Mongoose resource, enhancing its Cloncurry copper project in Queensland after Glencore declined its right of first refusal. The acquisition, valued at $2.88 million, combines Mongoose and Taipan deposits, potentially increasing resource efficiency. True North aims to integrate this new footprint into its upcoming prefeasibility study, reflecting growing copper demand.

Summary by OZbrief · The West Australian

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