{"id":"true-north-mt-oxide-copper-corridor-october-28-2026","canonicalSlug":"true-north-mt-oxide-copper-corridor-october-28-2026","url":"https://wellficent.com/en/news/true-north-mt-oxide-copper-corridor-october-28-2026","language":"en","title":"True North Copper advances Mt Oxide drilling as surface corridor extends","summary":"Rock-chip results and geophysics guide a drilling campaign targeting Aquila and Vero.","body":["True North Copper reported on 28 October that its second-phase drilling at the wholly owned Mt Oxide project in Queensland had passed 1,000 metres. The company is working towards a maiden mineral resource estimate for the Aquila discovery targeted for mid-2027, while preparing additional drilling around the existing Vero resource.","Surface rock-chip samples returned copper grades of up to 3.01% and 2.38% north of Chidna, approximately two kilometres north of existing drilling. The company said these results extend the prospective Aquila–Chidna structural corridor beyond four kilometres. Rock-chip grades describe selected surface samples and do not establish an average subsurface grade or continuous orebody.","The planned programme totals 4,000–6,000 metres across Aquila and Vero by year-end, subject to the wet season. Initial Aquila assays are expected in December. Vero drilling is expected to start in November and will test deeper mineralisation and extensions towards the Mara zone, approximately 300 metres along strike.","Government-supported UAV-SAM geophysical surveys have been completed, with additional ground geophysics under way. Preliminary interpretations are helping refine targets for the current campaign and exploration in 2027. The combined work expands the evidence available for target selection, but future assays, geological modelling and resource estimation are required before any new resource can be quantified."],"keyPoints":[],"sections":[],"text":"True North Copper advances Mt Oxide drilling as surface corridor extends\n\nRock-chip results and geophysics guide a drilling campaign targeting Aquila and Vero.\n\nTrue North Copper reported on 28 October that its second-phase drilling at the wholly owned Mt Oxide project in Queensland had passed 1,000 metres. The company is working towards a maiden mineral resource estimate for the Aquila discovery targeted for mid-2027, while preparing additional drilling around the existing Vero resource.\n\nSurface rock-chip samples returned copper grades of up to 3.01% and 2.38% north of Chidna, approximately two kilometres north of existing drilling. The company said these results extend the prospective Aquila–Chidna structural corridor beyond four kilometres. Rock-chip grades describe selected surface samples and do not establish an average subsurface grade or continuous orebody.\n\nThe planned programme totals 4,000–6,000 metres across Aquila and Vero by year-end, subject to the wet season. Initial Aquila assays are expected in December. Vero drilling is expected to start in November and will test deeper mineralisation and extensions towards the Mara zone, approximately 300 metres along strike.\n\nGovernment-supported UAV-SAM geophysical surveys have been completed, with additional ground geophysics under way. Preliminary interpretations are helping refine targets for the current campaign and exploration in 2027. The combined work expands the evidence available for target selection, but future assays, geological modelling and resource estimation are required before any new resource can be quantified.","category":"energy","region":"world","topics":["mining","metals"],"eventDate":"2026-10-28","eventDateBasis":"source-event-or-period","publishedAt":"2026-10-28T16:01:35Z","modifiedAt":"2026-10-28T16:01:35Z","publicationBasis":"first-publication","preparedAt":"2026-10-28T16:00:44Z","sourcePublishedAt":"2026-10-28","translatedAt":null,"sources":[{"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03154260-6A1351922","name":"True North Copper","checkedAt":"2026-10-28","publishedAt":"2026-10-28"}],"translations":{"en":"https://wellficent.com/en/news/true-north-mt-oxide-copper-corridor-october-28-2026","tr":"https://wellficent.com/tr/news/true-north-mt-oxide-copper-corridor-october-28-2026","ar":"https://wellficent.com/ar/news/true-north-mt-oxide-copper-corridor-october-28-2026","fr":"https://wellficent.com/fr/news/true-north-mt-oxide-copper-corridor-october-28-2026","es":"https://wellficent.com/es/news/true-north-mt-oxide-copper-corridor-october-28-2026","ru":"https://wellficent.com/ru/news/true-north-mt-oxide-copper-corridor-october-28-2026","pt":"https://wellficent.com/pt/news/true-north-mt-oxide-copper-corridor-october-28-2026"},"corrections":[],"locations":[],"type":"news","classification":{"version":"1","dataKinds":["project-update"],"geographies":[{"role":"economic-scope","countryCode":"AU","subdivisionCode":null}],"evidenceBasis":["reported-observation","plan"],"measurementPeriod":null}}