
December 09, 2024
Mount Hope Mining (ASX:MHM) is a copper and gold exploration company based in Australia. The company's flagship Mount Hope project in the prolific Cobar Basin is comprised of four tenements spanning 175 sq km. Mount Hope Mining's acquisition of Fisher Resources has provided it with full control over the project.
The Cobar Basin, a region with a longstanding history of copper and gold mining dating back to the 1870s, has seen a flurry of significant mining activities in recent years. In August 2024, Polymetals Resources (ASX:POL) finalized the acquisition of the Endeavor Mine, located 40 kilometers north of Cobar, which boasts JORC-compliant resources of 16.3 million tonnes grading 8 percent zinc, 4.5 percent lead, and 84 grams per ton (g/t) silver. In 2023, Metals Acquisition (NYSE:MTAL) successfully acquired the CSA copper mine from Glencore, further signalling the growing investment attractiveness of the Cobar Basin as a major hub for copper production.
The Mount Hope project has four granted exploration tenements: EL6837, EL8058, EL8290 and EL8654. The region is historically significant for its rich copper and gold deposits and has contributed substantially to Australia’s mining output since the 1870s. Despite its long-standing mining heritage, the southern Cobar Basin remains underexplored, presenting a unique opportunity for Mount Hope Mining to utilize modern exploration techniques to uncover untapped resources.
Company Highlights
- Mount Hope Mining is a copper and gold exploration company based in Australia
- The company holds 100 percent ownership of the Mount Hope project in the prolific Cobar Basin, comprising four tenements spanning 175 sq km
- The Cobar Basin has long history of copper and gold mining dating back to the 1870s, and recently experiencing increased M&A activity.
- Mount Hope has identified key zones of interest within the project and will be the target for near-term phased exploration
- The company’s experienced and dynamic board and management team, bring a wealth of expertise in mineral exploration, corporate governance, and strategic planning.
This Mount Hope Mining profile is part of a paid investor education campaign.*
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Advancing a copper and gold-rich asset in the prolific Cobar Basin of New South Wales
05 October
New Drill Targets defined at Mt Hope Project
Mount Hope Mining (MHM:AU) has announced New Drill Targets defined at Mt Hope ProjectDownload the PDF here. Keep Reading...
21 August
Positive Results Define Blue Heeler Target
Mount Hope Mining (MHM:AU) has announced Positive Results Define Blue Heeler TargetDownload the PDF here. Keep Reading...
18 August
Maiden Drill Program Presentation
Mount Hope Mining (MHM:AU) has announced Maiden Drill Program PresentationDownload the PDF here. Keep Reading...
28 July
Drill Contract Awarded for Mt Hope Maiden Program
Mount Hope Mining (MHM:AU) has announced Drill Contract Awarded for Mt Hope Maiden ProgramDownload the PDF here. Keep Reading...
27 July
Quarterly Report and Appendix 5B June 25
Mount Hope Mining (MHM:AU) has announced Quarterly Report and Appendix 5B June 25Download the PDF here. Keep Reading...
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