True North Copper (ASX: TNC)

Summary of Announcement

Wallace North (Cloncurry Copper Project, QLD)

• Recent drilling has extended copper-gold mineralisation beyond current resource boundaries.
• Notable intercepts include 19m @ 2.18% Cu and 1.76 g/t Au (3.97% CuEq.), but while encouraging, these results remain early-stage and require further systematic drilling.
• The company is positioning Wallace North as a potential copper-gold production hub, but this will depend on resource upgrades, economic studies, and funding.

Mt Oxide (Aquila, Vero, Rhea – QLD)

• Phase 1 drilling confirmed Aquila as a large-scale, depth-persistent copper-cobalt-silver system (+420m depth, ~100m width).
• Extensions were also noted at Vero and new targets at Rhea.
• Phase 2 drilling is underway, but results are still preliminary, and the economic viability of these deposits remains untested.