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Caravel’s copper project nears its defining feasibility test

5:33pm on Thursday 29th of October, 2026 AEDT • Mining
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Caravel’s copper project nears its defining feasibility test

5:33pm on Thursday 29th of October, 2026 AEDT
Key Points
  • DFS scheduled for release in Q4 2026
  • 597Mt Ore Reserve at 0.24% copper
  • $20.3m net loss and $13.2m operating cash outflow
  • $30m Regal debt and royalty funding secured
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