Business · Energy & Commodities · 1 hr ago

Kantra Copper drilling extends Emily Star mineralisation below resource

Kantra Copper drilling extends Emily Star mineralisation below resource

Kantra Copper has found more copper-gold mineralisation through underground drilling at Emily Star, part of its Kanmantoo mine in South Australia.

The latest results include an 11.45-metre interval grading 1.74% copper, and drilling has reached about 200 metres below the existing resource estimate.

Emily Star's current inferred resource is 2.6 million tonnes, containing about 20,000 tonnes of copper and 7,000 ounces of gold.

The new findings support the possibility of expanding the deposit, though drilling results do not by themselves establish a larger resource.

Emily Star is approved as Kanmantoo's third underground mining front, alongside the producing Kavanagh and Nugent deposits.

The company says the additional ore source could give the mine more flexibility and support higher processing volumes.

Kantra expects to publish an updated resource and reserve statement this month, incorporating results from its 2026 drilling programs.

Stoping at Emily Star is scheduled to begin in the second half of 2027, while underground development has resumed.

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What people are saying

Bob FulkerKantra Copper CEO and managing director
These results further strengthen our confidence in Emily Star as a growth opportunity for Kanmantoo, with drilling continuing to extend mineralisation beyond the current Mineral Resource Estimate.
via Stockhead
Resource growth remains a key priority, and we look forward to incorporating the outcomes of our 2026 drilling programs into the updated Mineral Resource and Ore Reserve statement scheduled for release later this month.
via Stockhead