Business · Companies · 3 hrs ago
True North Copper expands Mt Oxide exploration corridor beyond 4km
True North Copper has extended its prospective copper corridor beyond 4km at the Mt Oxide project in north-west Queensland.
Rock chips collected at Chidna North, about 2.5km north of Aquila, graded up to 3.01% and 2.38% copper.
The company has mapped a new 180m structural zone there, but much of the northern area has not yet been tested by drilling.
More than 1,000m of drilling is complete at Aquila, where the company is seeking to define a maiden mineral resource.
It plans 4,000 to 6,000m of drilling across Aquila and Vero by the end of the year, with a first Aquila estimate targeted for mid-2027, subject to results and further work.
Vero already has a 15.03-million-tonne copper and silver resource, and drilling to test extensions is planned to start in November.
Assay results from the current drilling are expected in stages from December through March 2027 and will help shape the next campaign.
True North Copper says new high-grade rock-chip samples have extended the prospective Aquila-Chidna corridor at its Mt Oxide project beyond 4km.
Samples from Chidna North, about 2.5km north of Aquila, graded up to 3.01% and 2.38% copper.
The company has mapped a new 180m structural zone at Chidna North and says much of the northern search area remains untested by drilling.
More than 1,000m of Phase 2 drilling has been completed at Aquila, with first assays expected in December.
True North Copper is targeting a maiden Aquila Mineral Resource Estimate for mid-2027.
- Who
- True North Copper, an Australian mining company.
- What
- The company reported rock-chip results and a mapped structure extending its prospective Aquila-Chidna copper corridor beyond 4km.
- When
- The article was published on 27 October 2026. First Aquila drilling assays are expected in December.
- Where
- The Mt Oxide project in North West Queensland, including Chidna North and Aquila.
- Why
- The results point to further copper discovery potential along the corridor.
This story does not have two clearly opposing sides.
True North Copper established mineralisation across about 2.3km of Aquila-Chidna strike.
Stockhead reported that new rock-chip results had extended the prospective corridor beyond 4km.
Vero drilling is planned to start, and interpretation of geophysical work is expected.
First Aquila assays are expected, with progressive Phase 2 assay releases planned through March 2027.
True North Copper is targeting a maiden Aquila Mineral Resource Estimate.
- Rock-chip copper grades
- Up to 3.01% and 2.38%
- New Chidna North structure
- 180m
- Aquila drilling completed
- More than 1,000m
- Planned Aquila and Vero drilling
- 4,000–6,000m by the end of 2026
- Aquila maiden resource target
- Mid-2027
What people are saying
The latest high-grade rock-chip results have extended the prospective Aquila-Chidna corridor beyond 4km, highlighting the scale of the opportunity and potential for further copper discoveries across Mt Oxide
Our focus is on converting this activity into tangible value through new discoveries, resource growth and advancing Mt Oxide towards future copper development opportunities