Market Alert: Gold and Silver Continue to Outperform with Robust Gains.

True North Copper Expands Wallace North and Accelerates Mt Oxide Exploration

Sep 17, 2025

True North Copper Limited (ASX: TNC) has reported strong drilling results at Wallace North, part of the Cloncurry Copper Project, confirming copper-gold mineralisation well beyond the existing resource boundaries. The standout intercept from hole WRC255 delivered 19m at 2.18% Cu and 1.76 g/t Au (3.97% CuEq) from 106m, including a high-grade zone of 9m at 4.33% Cu and 3.64 g/t Au (8.01% CuEq). Additional results extended mineralisation in both hanging wall and footwall zones, with further discoveries in the gold-rich Buena Vista Zone.

At Mt Oxide, Phase 1 drilling has confirmed the large-scale and depth continuity of the Aquila copper-cobalt-silver discovery, validated geophysics and paving the way for accelerated Phase 2 drilling before the wet season. Encouraging results also came from the Vero and Rhea prospects, where extensions and alteration zones point to significant upside. Together, Wallace North and Mt Oxide underpin a two-track strategy combining near-term resource growth with transformational district-scale exploration.

 

 

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