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ASX:TNC

4 stories mentioning ASX:TNCUpdated just now

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Asia

True North Copper Completes Acquisition of Renegade Exploration's Interest in Queensland Joint Venture

True North Copper (ASX:TNC) completed the acquisition of Renegade Exploration's (ASX:RNX) interest in the Carpentaria joint venture in Queensland, following the expiry of the right of first refusal period without exercise by Glencore, according to a Thursday filing with the Australian bourse.The transaction allows the company to consolidate ownership across the Mongoose-Taipan corridor and secure future exploration opportunities next to the Cloncurry project, the filing said.True North Copper shares rose 2% in midday trade on Thursday.

ASX:RNXASX:TNC
Asia

True North Copper Says Queensland Copper Project Drilling Shows Potential for Incremental Resource Growth

True North Copper (ASX:TNC) said its exploration and resource extension reverse circulation drilling at the Great Australia Mine (GAM), part of the Cloncurry copper project in Queensland, showed the potential for incremental resource growth surrounding the existing GAM resource, according to a Tuesday Australian bourse filing.It encountered intercepts of 10 meters at 0.88% grade of copper and 0.15 grams per tonne grade of gold from 78 meters, as well as 13 meters at 0.38% grade of copper and 0.08 g/t grade of gold from 30 meters.Diamond drilling samples for metallurgical, geotechnical, and geological studies were dispatched to support future reserve conversion, mine planning, and prefeasibility study workstreams, targeted for the December quarter.

ASX:TNC
Asia

True North Copper Says Induced Polarization Program at Queensland Project Completed

True North Copper (ASX:TNC) said an around 7-line kilometers phase one induced polarization geophysics program was completed at its Mt Oxide project in Queensland, according to a Tuesday Australian bourse filing.The program expanded the potential strike of the Aquila copper-cobalt-silver discovery, extending the Aquila target around 500 meters to the north, and generated additional high-priority drill targets along the Mt Gordon Fault Zone, per the filing.

ASX:TNC
Asia

True North Copper Completes Drilling Program at Queensland Copper Project, Shares Jump 4%

True North Copper (ASX:TNC) completed 3,500 meters of reverse circulation drilling and 2,300 meters of diamond drilling at the Cloncurry copper project in Queensland, according to a Tuesday Australian bourse filing.Follow-up drilling at Wallace North tested recently defined high-priority electromagnetic and induced polarization survey targets with potential to extend mineralization beyond the current resource and increase mine life.It plans to complete the metallurgical and geotechnical test work programs through to September to support future mine planning, reserve conversion, and development studies.Shares rose 4% in recent trading on Tuesday.

ASX:TNC

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