Market Alert: Strong Breakout Setup Emerging in ASX 200 Utilities Sector

Copper Search Limited: Strategic Expansion into Premier Copper-Gold Territory

Apr 24, 2025

Copper Search Limited (ASX: CUS) has made a significant stride in its strategic growth by acquiring the Byrock Copper-Gold Project, located in the prolific Lachlan Fold Belt, NSW. This marks the company's first acquisition since its 2021 IPO and aligns with its mission to build a pipeline of high-potential, pre-discovery drill targets across Australia and North America. During the March 2025 quarter, the company undertook extensive fieldwork, including geophysics and passive seismic surveys, targeting promising prospects such as T47 and CS03. These efforts were supported by advanced machine learning tools and a seasoned exploration team. Additionally, Copper Search is reviewing heavy mineral sands potential at its Peake Project in South Australia. A joint venture agreement with Nimrod Resources allows CUS to earn up to 75% in the Byrock Project. With a focused strategy and AU$1.3 million in cash reserves, the company is poised to capitalize on long-term electrification-driven commodity demand​.

 

 

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