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Somerset Minerals Secures $2.39M to Unlock High-Grade Coppermine Copper Targets
4:24am on Monday 2nd of June, 2025 AEST
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Somerset Minerals Secures $2.39M to Unlock High-Grade Coppermine Copper Targets
4:24am on Monday 2nd of June, 2025 AEST
Key Points
Shareholders approve 100% acquisition of Coppermine Project
Reprocessed geophysical data reveals 15 anomalous zones with strong copper signatures
$2.39 million capital raise committed to fund ~1,500m maiden drill program
Sale of Valle del Tigre II concession to Barrick Gold completed with 1.5% royalty retained
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