Exploration results at Mt Oxide Project

True North Copper Limited (ASX:TNC) has announced the successful identification of new broad zones of strongly anomalous copper and pathfinder elements at the Aquila and Ivena North prospects, part of its 100% owned Mt Oxide Project in Queensland. The systematic rock chip sampling program has revealed significant copper mineralisation and pathfinder element anomalies, with results consistent with other outcropping leached gossans associated with historic drill discoveries in the region.

Executive Commentary

Our exploration team has been working hard to systematically map and sample the +10km Dorman fault trend at Mt Oxide. Multiple gossans have been identified, and rock chip results from the gossans are revealing large areas of wider and stronger mineralisation on which to focus our future exploration work, including the ongoing MIMDAS geophysical survey. We are also remobilising the on-ground team to systematically collect additional rock chip samples over the newly discovered Black Marlin and Rhea structures. Further geophysical results are filtering through, and updates will be released soon. We are potentially building a significant district at Mt Oxide with multiple high priority targets which have never been drilled. Our next steps include prioritisation of these targets, designing and planning upcoming drill programs, and securing the necessary permits for on-ground access.

Summary of Results

True North Copper's systematic rock chip sampling program at the Aquila and Ivena North prospects has successfully identified new broad zones of strongly anomalous copper and pathfinder elements. The results are consistent with other outcropping leached gossans associated with historic drill discoveries in the region. The company is pleased with the progress and is focusing on future exploration work, including the ongoing MIMDAS geophysical survey. The next steps include prioritisation of targets, designing and planning upcoming drill programs, and securing necessary permits for on-ground access. True North Copper is potentially building a significant district at Mt Oxide with multiple high priority targets which have never been drilled.