
True North Copper's Wallace North Drilling Push
About this episode
True North Copper initiates drilling at Wallace North, aiming to enhance near-mine resources and explore open-pit extensions. The project, located in northwest Queensland, boasts a two-million-tonne resource with 1.28% copper and 0.77g/t gold. The company plans to gather metallurgical and geotech data for a pre-feasibility study in 2023. True North Copper also aims to unlock potential at nearby Buena Vista and Mount Oxide, with a resource of 13.63 million tonnes grading 0.8% copper and containing over 109,000 tonnes of copper and gold ounces. Drilling concludes in late April, with assays following soon after.
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Sydney News Today | 2 Min News | The Daily News Now! — True North Copper's Wallace North Drilling Push. Machine-transcribed; use the interactive transcript above to jump the player to any line.
0:00It's April 7th. You're listening to Sydney News today, AI-powered local news. True North Copper just kicked off a drilling push at its Wallace North Copper Gold Spot in Northwest Queensland. They're spinning up six diamond holes for about 1,000 meters and eight reverse circulation holes for 1,500 meters all on there. Mining leases there. This program's laser focused on beefing up the near-mine resource at Wallace North, which already packs a two million ton upgrade at 1.2, 8% copper, and 0.77 grams per ton gold. It's chasing open pit extensions, chasing last year's hot hits like nine meters at over 4% copper, and grabbing key metallurgical and geotech data for a pre-feasibility study next year. The teams eyeing big upside across the Clonkury project, with spots right near roads, rails, and smelters in the Clonkury Mount Isazone. They're drawing parallels to nearby mines like Eloise, though they say more works needed
1:00to lock that in. They're also testing Buena Vista nearby, which showed solid copper gold in prior holes. Overall, Clonkury's resource stands at 13.63 million tons, grading 0.8% copper for over 109. Thousand tons contained, plus gold ounces. Drilling wraps late April, assays drop soon after, then they pivot to Mount Oxide, and that equilifying keeping the momentum rolling on this Queensland, copper play.
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