True North cashes in on non-core project to fuel Qld copper growth
True North Copper agreed to sell its non-core Bundarra project to Tec Minerals for $1.5 million, comprising $500,000 cash and $1 million equity, retaining a one percent net smelter royalty. The deal, conditional on Tec's IPO completion, frees capital for True North's flagship Mt Oxide and Cloncurry copper projects in Northwest Queensland.
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Published 20 Jul 2026, 02:28 UTC · Updated 20 Jul 2026, 02:30 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections