True North Copper has unveiled its exploration plans for 2024, with detailed workstreams advancing at its Cloncurry and Mt Oxide projects in north-west Queensland.
At Cloncurry, True North will prioritise several exploration targets which offer the potential to add significant tonnes to the project’s mine life. This includes the Greater Australian targets and the Wallace North induced polarisation and electromagnetic targets.
There is also potential for discoveries at multiple advanced exploration targets in a 30km surrounding zone to the Cloncurry project. This includes the Wynberg, Notlor and Salebury prospects.
True North also aims to further unlock Mt Oxide’s underexplored, high-quality targets and potential beyond the Vero resource, including the more than 10km trend along the Dorman fault zone with intermittently outcropping gossanous/silica breccias.
To-date, there has been no previous systematic drilling, surface sampling or effective geophysics undertaken in this area.
High-priority Mt Oxide targets include Aquila and Mt Gordon – A 1.5 km-long and 250m wide zone adjacent to the Mt Gordon fault zone with similar structural setting to the orebodies at 29Metals’ Capricorn copper mine.
Ivena North is a more than 900m long an and up to 150m wide zone of undrilled dipping, gossanous quartz-hematite breccias, while Camp Gossans is a 1.8km long trend of intermittently outcropping fault breccias with numerous prospective gossanous outcrops up to 80m long and 10m wide.
Other targets include Cave Creek and the Big Oxide district, an underexplored region 16km north of the Vero resource prospective for sediment and shear-hosted copper-cobalt-silver and copper-zinc-lead mineralisation.
“Our 2024 Exploration Program is focused on transformative discoveries in-and-around large-scale mineral systems within the Mt Isa Inlier,” True North Copper managing director Marty Costello 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 Mt 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.”
Costello said True North will be updating its resources and reserves throughout 2024, starting with the Vero resource at Mt Oxide in early 2024, followed by work being conducted at the Cloncurry project.
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