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Briggs drilling strengthens the path to Prefeasibility

No surprises can be excellent news when you are designing a mine.

Alma Metals (ASX:ALM) has received the first assays from its 2026 drilling campaign at the Briggs Copper Project in Queensland, with the results closely matching the existing geological model.

🔑 Key themes include:

  • Predictable geology: Early assays align with the resource model
  • Long intervals: Copper continues for hundreds of metres
  • Mining focus: Drilling targets the first 10–15 years
  • Resource upgrade: Around 12,000m planned by year-end
  • Growth potential: ‘Higher-grade’ and outside-resource targets remain

The holes ended in mineralisation, though Alma stopped where the mine plan needed answers. Sometimes knowing when to stop drilling is part of the strategy.

About the guest and company:
Frazer Tabeart is the managing director of Alma Metals, a copper exploration and development company advancing the Briggs Copper Project in Central Queensland. Alma is undertaking a major drilling, metallurgical, and engineering program to upgrade resource confidence, revisit the project’s Scoping Study, and support a Prefeasibility Study targeted for late 2027.

🎥 Watch the full interview to see how the first assays fit into Briggs’ wider development plan.

Add to Watch List:
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Written By Shae Russell
Shae has been an equities analyst with a focus on investment writing for 15 years; the last eight of which has centred on the domestic and international mining sector. She’s now bringing this expertise to enhance and strengthen Mining.com.au‘s role as Australia’s leading source of mining news.

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