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Company Interview / Cashed-up & drilling in a new era for TNC 2.0

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Cashed-up & drilling in a new era for TNC 2.0

Company Interview23 Apr, 2025

Bevan Jones, MD of True North Copper (ASX: TNC) shares updates on the company's capital raise and relisting on the ASX. True North Copper is focused on exploring and expanding its mineral inventory, particularly at the Great Australia mine near Cloncurry. They aim to consolidate operations in the region.

Bevan highlights True North Copper's ambition to scale up its operations and explore greenfield sites like Mt Oxide. This area is underexplored, and Bevan expresses excitement about starting exploration there. True North Copper considers regional consolidation, positioning itself as a key player in the Mount Isa region.

With major shareholders like Regal Asset Management and Glencore Australia, Bevan underscores True North Copper’s readiness for concurrent operations. The exploration at Cloncurry and other regional plans may lead to near-term production, while the Mt Oxide project promises long-term potential.

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Cashed-up & drilling in a new era for TNC 2.0 - Ausbiz Capital