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Somerset Minerals Unveils Thickening Copper Zones and Raises $4M for Nunavut Push
7:11pm on Friday 31st of October, 2025 AEDT
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Mining
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Somerset Minerals Unveils Thickening Copper Zones and Raises $4M for Nunavut Push
7:11pm on Friday 31st of October, 2025 AEDT
Key Points
Completed $4 million placement to fund Phase-2 drilling
Phase-1 drilling confirms high-grade near-surface copper at Jura
Phase-2 results indicate thickening mineralisation to depths over 160m, with geophysics suggesting extension to 600m
Regional geochemical and airborne magnetic surveys completed to identify new targets
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