THE DRILL SERGEANT: True North Copper (ASX: TNC) turned on the superlative dictionary to report recent drilling activity at the company’s 100 per cent-owned Mt Oxide project near Mount Isa, Queensland.

True North Copper reported its latest assay results as “phenomenal” from drillhole MOXD225, drilled as part of an initial Vero Resource drilling program.

Results included:

MOXD225, which intercepted two wide intervals of high-grade copper mineralisation.

26.2 metres (16.48m estimated true width [ETW]) at 4.45 per cent copper, 42.9 grams per tonne silver and 1,964ppm cobalt from 258.8m, including 10.9m (6.87m ETW) at 7.32 per cent copper, 72.2g/t silver and 2,915ppm cobalt from 265.50m, and

46.6m (34.02m ETW) at 2.18 per cent copper, 26.3g/t silver and 487ppm cobalt from 352.5m, including 4.2m (3.07m ETW) at 11.15 per cent copper, 129.5g/t silver and 135ppm cobalt from 352.5m; and

MOXD223, which intercepted strong pyrite mineralisation with chalcopyrite and chalcocite

4.2m (3.02m ETW) at 2.72 per cent copper, 32.4g/t silver and 173ppm cobalt from 231.25m, and
6.5m (4.68m ETW) at 1.4 per cent copper, 13.4g/t silver and 62ppm cobalt from 364.5m.

“We are thrilled to share these outstanding results from our recent Vero drilling program,” True North Copper managing director Marty Costello said in the company’s ASX announcement.

“The intersections in MOXD225 reveal remarkably high-grade copper and cobalt lenses, with two intersections impressively both returning over 100 Cu% m (downhole width by copper grade).

“We are in the process of constructing a new geological model that will inform Vero Resource re-estimation and advance ongoing mining studies.

“Metallurgical sampling and test program design is also progressing as we continue to maximise the Mt Oxide project’s highly prospective potential.

“Assay results continue to confirm the Vero Resource’s phenomenal mineralisation.

“However, we are also committed to strategic exploration across the entire Mt Oxide project and identifying other high-grade copper, cobalt and silver deposits.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE