IGO (ASX:IGO) has acquired the remaining 49% stake in the Copper Wolf Project in Arizona from Buxton Resources for about AU$6.2 million in cash, according to a Tuesday Australian bourse filing.
The project sits within a highly prospective porphyry copper belt and shows widespread porphyry-style mineralization and alteration across the tenure, the filing said.
The company intends to conduct a focused drilling program in the first half of 2027, with the results expected to guide the project's future development strategy, the filing added.