True North Copper Limited has intersected high-grade copper at the Aquila discovery and completed maiden drilling at the Chidna zone, extending the mineralised trend at the Mt Oxide Project in Queensland to approximately 2.3 kilometres of strike.

Maiden drilling immediately north of Aquila at Chidna defined a new mineralised zone up to approximately 300 metres wide. Drilling at Aquila continued to outline high-grade copper shoots across roughly 800 metres of strike, with recent results including hole MOXRC26_007 returning 52 metres at 0.85% copper, 0.01% cobalt, and 1.7 g/t silver from 23 metres, which included a 9-metre interval grading 1.89% copper, 59 ppm cobalt, and 3.6 g/t silver from 32 metres. Both areas remain open along strike and at depth.

“What is particularly exciting is the maiden TNC drilling at Chidna, immediately north of Aquila. The mineralised structure appears to open significantly from around 40-60 metres wide at Aquila to ~300 metres at Chidna, within what we interpret to be a major dilational structure. These structural settings can provide increased space for mineralising fluids, and the drilling has given us a number of compelling shallow and deeper targets for potential higher-grade mineralisation.” — Andrew Mooney, Managing Director

The Mt Oxide Project hosts the established Vero Resource alongside the emerging Aquila-Chidna copper-cobalt-silver discovery. Recent capital raisings totalling A$20 million are funding ongoing drilling and technical work at the Aquila discovery through to 2027 while discharging final deferred consideration obligations for the project.

True North Copper's Share Purchase Plan offer is scheduled to close on 10 September 2026. The company will continue drilling to expand the Aquila-Chidna mineral system along strike and at depth.

Read the full announcement: Mt Oxide Discovery Grows to 2.3km with New Chidna Zone