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Canobie Drilling Uncovers Promising Copper-Gold Zones in Fortescue JV
9:02am on Tuesday 13th of January, 2026 AEDT
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Mining
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Canobie Drilling Uncovers Promising Copper-Gold Zones in Fortescue JV
9:02am on Tuesday 13th of January, 2026 AEDT
Key Points
Two diamond drill holes completed totaling ~1840m at Canobie Project
Elevated copper and gold mineralisation intersected at Charcoal Bore Prospect
Exploration fully funded under Farm-in and Joint Venture with Fortescue
Fortescue can earn up to 80% interest by funding $8 million over six years
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