True North Copper announces geophysical survey results at Mt Oxide Project

True North Copper Limited (ASX:TNC) has announced the results from the geophysical survey at the Mt Gordon and Aquila prospects, part of TNC's Mt Oxide Project, 140km north of Mt Isa in Queensland. The survey, supported by a $300,000 Queensland Government Collaborate Exploration Initiative (CEI) Grant, has revealed multiple unexplored geophysical targets with similar signatures to the Vero Cu-Ag-Co resource at Mt Oxide.

Managing Director's perspective on the geophysical survey

True North Copper's Managing Director, Bevan Jones, expressed optimism about the geophysical survey results, stating, 'Our geophysical survey at Mt Oxide has revealed several new, highly prospective targets that share similar characteristics with our high-grade Vero deposit. The results of this survey, which has been supported by a Queensland Government CEI Grant, have uncovered significant anomalies at both the historic Mt Gordon Copper Mine and Aquila prospect. With these exciting developments, we're optimistic about expanding our exploration footprint and identifying additional drill targets. The continued integration of geophysics, mapping, and sampling will be key to advancing our future exploration programs at Mt Oxide, including the design of the next phase of drilling.'

Outlook and future plans

The geophysical survey at Mt Oxide has identified new, highly prospective targets at the Mt Gordon Copper Mine and Aquila prospect. True North Copper's exploration team is currently sampling recently identified mineralised structures at Aquila, Rhea, and Black Marlin. The company plans to integrate the new geophysics with ongoing mapping and surface geochemical sampling campaigns to identify and prioritize targets for future drill campaigns. Additionally, heritage clearance and access planning for drilling has commenced. The company's Managing Director expressed optimism about expanding the exploration footprint and identifying additional drill targets, emphasizing the importance of integrating geophysics, mapping, and sampling for advancing future exploration programs at Mt Oxide, including the design of the next phase of drilling.