
Coppermoly begins exploration across four Queensland targets
- Coppermoly has commenced exploration campaigns across four targets within the Fox Creek and Windy Hill projects.
- The immediate market impact left the company stock trading flat at $0.003.
- The fieldwork aims to explore targets considered highly prospective for copper, gold, and molybdenum.
Coppermoly (ASX:COY) has commenced geophysical survey and geochemical sampling programmes across four targets south of Cloncurry, Queensland.
This campaign follows regional copper stream sediment and Geotem anomalies previously announced by the company on Nov. 3, 2023.
The current exploration work involves a ground magnetic survey at the Fox Creek Project targeting two specific prospects.
The company stated that operations will subsequently move to the Windy Hill project to test two additional targets.
Following the announcement, the Coppermoly share price was unchanged at $0.003.
The business remains focused on exploration assets considered highly prospective for copper, gold, and molybdenum mineralisation.
Further exploration plans include conducting additional geophysical surveys at both the Dynamite and Rennies prospects.