
May 22, 2024
True North Copper Limited (ASX: TNC) is pleased to present its investor presentation.
INVESTMENT HIGHLIGHTS
- Underwritten $24.27 million equity raising to fund TNC through to steady state production at the Cloncurry Copper Project (including contingency, working capital, and other corporate expenses), exploration growth strategy and strengthen financial position
- Positioned to be Australia’s next copper producer and critical metals supplier based in NW QLD
- Ready to execute mining restart at Cloncurry Copper Project - profitable operating platform
- Binding Offtake and Toll Milling agreements in place with global commodity trader Glencore
- Extensive exploration upside on Cloncurry and Mt Oxide tenements
- Copper sulphate production underway from existing stockpiled ore
TNC is primed to become Australia's next copper producer
Where We Operate
CLONCURRY COPPER PROJECT (100% TNC)
- Fully permitted for mining restart
- Existing infrastructure at the Great Australia Mine (GAM) includes oxide heap leach and solvent extraction plant, mining/support facilities and existing power
MT OXIDE (100% TNC)
- Highly prospective, underexplored mineral system
- Vero Resource extension potential to depth and along strike
Click here for the full ASX Release
This article includes content from True North Copper, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
TNC:AU
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
The Conversation (0)
11 October 2024
True North Copper
On the path to becoming Australia’s next responsible copper producer
On the path to becoming Australia’s next responsible copper producer Keep Reading...
13h
High-Grade PXRF Results Upgrade Silverjack & Headway Targets
Raptor Metals (RAP:AU) has announced High-Grade PXRF Results Upgrade Silverjack & Headway TargetsDownload the PDF here. Keep Reading...
25 September
Top 5 Canadian Mining Stocks This Week: Brutus Mining Jumps 89 Percent on CSE Listing
Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.On September 18, the Ontario government announced it would commit to a C$11 million non-binding term... Keep Reading...
25 September
Michael Burry Ignores AI Buzz, Bets on Copper
"Big Short” investor Michael Burry is avoiding the technology sector’s AI trade, instead deploying capital into other ventures.In a September 22 Substack update, Burry disclosed new positions in Brazilian copper miner Ero Copper (TSX:ERO), building-products firm QXO (NYSE:QXO), Australian... Keep Reading...
24 September
Top 5 Australian Mining Stocks This Week: Arrow Minerals Jumps 77 Percent
Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on copper, lithium, gold and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove their... Keep Reading...
22 September
Luca Mining Acquires Capstone's Cozamin Mine in Mexico
Luca Mining (TSXV: LUCA,OTCQX:LUCMF) agreed on Monday (September 21) to acquire the 20-year-old Cozamin underground copper-silver mine in Mexico’s Zacatecas district from Capstone Copper (TSX:CS,ASX:CSC,OTCPL:CSCCF).Under the definitive share purchase agreement, Luca will pay US$290 million... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






