Latest Mt Isa Region News

True North Copper has pushed the high-grade copper mineralisation at its Aquila discovery deeper by 100 metres, confirming continuity and scale at Mt Oxide. Key drill results include a standout 130-metre intercept averaging 0.67% copper, with a six-metre zone hitting 5.7% copper.

Austral Resources has locked in $15 million from QIC’s Queensland Critical Minerals Fund to advance expansion planning at its Rocklands copper processing facility, aiming to boost capacity beyond 3Mtpa and extend operational life through 2034 and beyond.

Larvotto Resources has kicked off processing at Hillgrove's Metz mine while securing the Blockade Copper Mine and moving to acquire Hammer Metals, broadening its critical minerals portfolio.

Spectur Limited posted its strongest quarter of cash receipts in FY26, driven by new contracts and a major technology upgrade, while launching legal action over significant customer losses.

True North Copper (ASX:TNC) reported strong progress in Q4 FY2026, expanding its Mt Oxide copper system and consolidating its Cloncurry assets ahead of a key Pre-Feasibility Study.

True North Copper’s latest diamond drilling at Mt Oxide validates the Aquila discovery as a broad, continuous copper-cobalt-silver system with well-defined higher-grade zones, extending mineralisation over 1.8km strike and reinforcing its standalone development potential.

Larvotto Resources has moved decisively to secure the Blockade Copper Mine near Mt Isa, Queensland, following due diligence drilling that confirmed robust, continuous copper mineralisation. The acquisition positions Larvotto to accelerate its push towards near-term copper production in a region with established infrastructure.

Larvotto Resources is set to acquire Hammer Metals in a $54 million all-scrip deal, expanding its Mt Isa copper portfolio to over 530,000 tonnes of copper equivalent and backed by a $15 million strategic placement from Glencore.

Austral Resources is advancing its Rocklands Copper Project refurbishment with major milestones met, including securing a new SAG mill and confirming infrastructure readiness for 3Mtpa processing, keeping the project on track and budget.

True North Copper has expanded its Aquila copper-cobalt-silver discovery at Mt Oxide by 500 metres to the north through a Phase 1 Induced Polarisation geophysics program, validating its geophysics-led exploration approach and identifying fresh drill targets along the Mt Gordon Fault Zone.

Carnaby Resources has unveiled a significant new high-grade copper-gold mineralised structure at its Trek 1 prospect in the Greater Duchess Project, Queensland, with drill results pointing to resource expansion beyond current estimates.

Austral Resources has bolstered its Cameron River Project with final assays revealing gold and silver alongside high-grade copper at Snow Queen, underpinning its regional growth strategy.