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Pivotal’s Horden Lake study opens a sizeable copper development opportunity

8:48am on Tuesday 29th of September, 2026 AEST • Mining
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Pivotal’s Horden Lake study opens a sizeable copper development opportunity

8:48am on Tuesday 29th of September, 2026 AEST
Key Points
  • A$920 million post-tax NPV and 49% IRR at base-case pricing
  • 29.1ktpa average CuEq production over years one to eight
  • US$1.00/lb copper AISC after by-product credits
  • Up to 30% of life-of-mine NSR from Inferred Resources
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