Latest Mt Isa Region News

Coppermoly Limited reported ongoing exploration activities in Queensland's Mt Isa region with mixed drilling results, while securing a strategic acquisition in Western Australia targeting critical minerals. The company faces a cash outflow of $701,000 but plans further geophysical surveys to refine drilling targets.

True North Copper reported significant copper-gold and copper-cobalt-silver discoveries in its September 2025 quarter, reinforcing its growth strategy and financial strength heading into 2026.

Breakthrough Minerals has entered a conditional agreement to acquire a substantial North Queensland Copper-Gold Project near Mt Isa, boasting an 18.8 million tonne resource and backed by an $8.15 million capital raise. The acquisition positions the company for aggressive exploration and development in a prolific copper district.

Carnaby Resources has completed the acquisition of the remaining 17.5% stake in the Greater Duchess Copper Gold Joint Venture, gaining 100% ownership and full operational control. This strategic move positions Carnaby to accelerate development and unlock the project’s significant copper-gold potential.

Aruma Resources has locked in $3.515 million through a placement to fund targeted exploration across its copper, heavy mineral sands, and uranium projects in Australia. The capital raise, supported by directors and new investors, aims to advance drilling and sampling programs at key sites.

Antares Metals has identified several high-grade uranium prospects at its Mt Isa North Project, with surface samples reaching nearly 2,000 ppm U3O8 and plans underway for maiden drilling at Queens Gift.

Carnaby Resources has reported a game-changing drill result at its Trek 1 prospect, intersecting 7m at 9.3% copper equivalent, significantly extending known mineralisation beyond the current resource estimate.

Antares Metals has reported impressive rock chip assay results from its Conglomerate Creek prospect, revealing significant copper, gold, and silver mineralization that could signal a major discovery in Queensland’s Mt Isa region.

Somerset Minerals has confirmed significant near-surface copper mineralisation at its Coppermine Project in Nunavut, Canada, with assays revealing thick, high-grade intercepts. The company is gearing up for an expanded exploration phase to unlock further district-scale potential.

Coppermoly Limited has reported significant exploration advances at its Mt Isa projects, highlighted by a major magnetic anomaly discovery and the appointment of seasoned geologist Dickson Leah as CEO.

Aruma Resources has confirmed maiden drilling plans at its Fiery Creek Copper Project in Queensland and secured $900,000 in a recent placement to accelerate exploration across its portfolio.

Antares Metals has released an updated investor presentation detailing its Queens Gift Project's historical resource and highlighting promising copper and uranium exploration targets in the prolific Mt Isa region.