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Norfolk Metals Sets Sights on Chile with $100M Ciclón Copper Takeover

3:37pm on Friday 31st of July, 2026 AEST Mining
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Norfolk Metals Sets Sights on Chile with $100M Ciclón Copper Takeover

3:37pm on Friday 31st of July, 2026 AEST
Key Points
  • Binding agreement to acquire 100% of Ciclón Copper Project
  • JORC 2012 Mineral Resource Estimate of 11.8Mt at 2.88% CuEq
  • Planned capital raise between AUD 100-120 million
  • Shareholder approval and ASX re-compliance required
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