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Australia

True North strikes high-grade copper-gold in Qld copper heartland

The company’s Kloncurry project is sitting around the historical Queensland mine town Cloncurry. MT oxide is 140 km north of the city in MT ISA land.

MT oxide already has a scale, but the mammoth offers the upper potential. Vero expectation carries a significant 15 million tons of 1.46 percent in 1.46 percent copper.

Wallace North’s growing source contains 1.31 percent copper and 0.78g/t gold rating for a great second feather on the discovery cover.

The company’s re -capitalization of $ 53 million earlier this year was a turning point for the previously listed manufacturer. In particular, its revitalization was supported by heavy weights such as Tembo Capital, Regal Funds and Glencore, and was left in cash in a real Northern debt -free imprint market.

The first cabin of the company is 15,000 meters RC drilling in both centers. Kloncurry Hub also has an impressive list of infrastructures, including a SX plant, which is ready to crank if the oxide inventory grows, including crusher, pile permanent pads and waste facilities. Nearby transition options keep high -grade sulfur sources in the game.

The company’s dual project strategy provides the best for discovery of both worlds, since it grew up in Kloncurry with an impressive extension of nearly resources, there is a blue sky in MT Oxide and Mammoth targets.

As the equipment continues to rotate and the experiments come into play, True North is shaped as a rare Australian copper game in a red hot copper market.

True North, supported by a re -capitalization of $ 53 million in the past $ 53 million, is rapidly expanding the Kloncurry and MT oxide hubs in the world famous MT ISA region and still has many results.

Does your company on the ASX list do something interesting? Contact: Mattbirney@bullsnbears.com.au

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