True North Copper (ASX:TNC) has identified multiple priority iron oxide copper gold (IOCG) targets across the Chumvale Region in northwest Queensland, in line with the company’s long-term growth strategy.
The company is pursuing a large tier one stand-alone discovery within the Chumvale region, including the recently acquired Alfreada exploration licence, expanding the company’s package to over 50km2.
CEO Andrew Mooney is confident in the potential for Chumvale noting that it “has all the hallmarks of a district-scale setting”.
“Consolidating the ground across its key corridors gives True North Copper a meaningful footprint in one of the region’s most compelling IOCG search spaces,” Mooney says.
“It represents the type of disciplined pursuit that underpins our long-term strategy; the pursuit of large, stand-alone IOCG systems that could, if present, rival the scale of Ernest Henry or Rocklands.”
True North Copper is an Australian copper company advancing a portfolio of wholly owned assets in the Mt Isa region of northwest Queensland.
Write to Amy Rotman at Mining.com.au
Images: True North Copper
