Latest Canterbury Resources (ASX:CBY) News

Canterbury Resources is set to drill a 900m deep hole at its Briggs copper project, testing a high-priority geophysical target that could reveal richer copper zones. Supported by a government grant, this move coincides with a scoping study aiming to unlock one of Australia’s largest undeveloped copper deposits.

Canterbury Resources has completed the acquisition of the Jack Shay Project, adding promising copper and nickel prospects to its portfolio and setting the stage for exploration drilling later this year.

Canterbury Resources Limited has completed a $125,000 capital raise through a private placement of 5 million shares, each accompanied by an option exercisable at $0.05 until the end of 2026.

Canterbury Resources has reported significant advances at its Briggs Copper Project, including enhanced metallurgical recoveries and a resource upgrade, underpinning a scoping study on track for mid-2025 completion.

Canterbury Resources reports significant drilling success at its Briggs copper-molybdenum project, with an updated resource estimate and scoping study underway, while exploration at Bismarck yields no economic mineralisation.

Canterbury Resources has unveiled compelling drilling results at its Briggs Copper Project in Queensland, confirming a new Southern porphyry discovery and extending higher-grade mineralisation zones. These findings feed into an updated resource estimate and a scoping study due mid-2025.