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Somerset Minerals Limited (ASX: SMM) has announced the first assay results from its maiden reverse circulation (RC) drilling program at the Coppermine Project in Canada, confirming high-grade, near-surface copper mineralisation at the Jura and Laphroaig targets. Significant results include 42.7 metres at 2.69% Cu from 15.2 metres at Jura, with high-grade intervals of 16.8 metres at 3.96% Cu and 6.1 metres at 5.51% Cu. At Laphroaig, drilling returned 29.0 metres at 0.67% Cu from 7.6 metres, including 12.2 metres at 1.23% Cu.
These two targets, located approximately 75km apart, sit within Somerset’s dominant 1,665 km² landholding, which hosts over 110 historically mapped copper occurrences, emphasizing the project’s district-scale potential. Managing Director Chris Hansen highlighted the company’s rapid progress since acquiring the project, with assays reinforcing the hallmarks of a large copper system and strong potential for multiple discoveries. With additional drilling and surface sampling results pending and plans for geophysics and geochemistry underway, Somerset is entering a transformational growth phase.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.