True North Copper Unveils Expansive New Drill Targets at Aquila, Drilling Accelerates

Expanding the Aquila Footprint

True North Copper Limited (ASX, TNC) has announced a major advancement in its exploration efforts at the Aquila Prospect, part of the Mt Oxide Project in Queensland. A recently completed Induced Polarisation (IP) geophysical survey has dramatically expanded the known mineralised footprint, extending the strike length from a modest 250 metres to over 1.3 kilometres. This expansion coincides with surface copper-cobalt-silver mineralisation, suggesting a much larger and more complex system than previously understood.

The Aquila Prospect, discovered in 2024, has already yielded impressive drill results, including intercepts such as 145 metres at 0.75% copper and 0.12% cobalt. The new IP survey has identified three distinct, high-priority drill-ready trends, Aquila, Apollo, and Acanthis, each exhibiting geophysical anomalies comparable or stronger than those that led to the initial discovery.

Drilling Momentum and Strategic Positioning

Drilling is actively underway, with reverse circulation rigs testing the southern end of the Apollo Trend and preparing for systematic follow-up along the Aquila Trend. The company has mobilised its drill rig back to Mt Oxide following completion of drilling at other projects, underscoring the strategic importance of this exploration phase. Assay results from initial holes have confirmed significant copper-cobalt-silver mineralisation, reinforcing confidence in the targeting methodology.

Notably, the Aquila Prospect lies just 4 kilometres from True North’s established Vero Resource, which hosts over 15 million tonnes of copper-silver-cobalt mineralisation. This proximity suggests the potential for Mt Oxide to evolve into a multi-deposit copper-cobalt-silver hub, enhancing the project’s scale and value proposition.

Geophysical Insights and Historical Context

The expanded IP survey, conducted by Australian Geophysical Services, employed advanced 3D modelling techniques that have refined the understanding of the mineral system’s geometry and scale. The Aquila Trend anomaly now measures approximately 1,330 metres in strike, up to 150 metres wide, and extends to depths of at least 200 metres, with zones open at depth and along strike.

Historical drilling near the Mt Gordon Mine, located along the northern extension of the Aquila Trend, provides encouraging context despite limitations in data quality and compliance with modern reporting standards. Past intercepts indicate copper mineralisation at depth, supporting the hypothesis that the Mt Gordon fault zone acts as a conduit for copper-bearing fluids. True North plans to resample historical drill cores to validate these findings under current industry standards.

Next Steps and Exploration Outlook

True North is advancing detailed drill planning, environmental permitting, and earthworks to facilitate an aggressive follow-up drilling campaign. Initial results from five holes drilled on the Apollo Trend are expected by early November 2025. The company’s systematic, data-driven approach aims to test extensions of high-grade mineralisation and explore the full potential of the district-scale system.

Managing Director Bevan Jones highlighted the rapid progress and the strength of the exploration strategy, emphasizing confidence in continued resource growth and value creation across the Mt Oxide Project.