Our Assets
Bundarra Project
Status
Exploration
Jurisdiction
Tier 1, Australia
Ownership
100% TNC
Location
Central Queensland
Mineral Resources
Targeting copper, silver and gold
Metals
Copper
Silver
Gold
Development Strategy
The Bundarra Project includes the Bundarra tenement (EPM 26499), plus the nearby Duania (EPMA 27474) and Waitara (EPMA 27609) tenements and is located in Central Queensland.
The Bundarra tenement occurs in the Lower Permian to Triassic Bowen Basin, west of South Connors Arch. Copper mineralisation in the Flora and Kerlong Ranges occurs on and around the margins of the Bundarra Pluton, an Early Cretaceous composite pluton that intrudes Lower Permian Back Creek Group carbonaceous shale, sandstone and marl. The pluton crops out poorly, forming an area of low relief surrounded by a ring of hills of contact metamorphosed sediments.
True North Copper acquired the Bundarra Project on the completion of the Duke Exploration reverse merger.
The Bundarra project is a non-core Cu-Ag project for True North Copper. The company has commenced a strategic evaluation of the project as it explores opportunities to maximise shareholder value from the asset.
Key Highlights
Located in central Queensland coal fields
The Bundarra Project is strategically situated approximately 130 km southwest of Mackay and 50 km east of Moranbah in the central Queensland coal fields.
Copper mineralisation
Copper mineralisation is found in the Flora and Kerlong Ranges, occurring around the margins of the Bundarra Pluton, an Early Cretaceous composite pluton.
Historic mining activities targeted copper, silver and gold
Historic mining activities targeted copper, silver, and gold veins near the contact of the Bundarra Pluton, with significant mineralization confirmed at the Mt Flora mine, Isens mine, Rogers prospect, and Quorn prospect.
Maiden Inferred Mineral Resource Estimate
Duke Exploraiton successfully defined a Maiden Inferred Mineral Resource Estimate at Mt Flora, consists of 16 Mt at an average grade of 0.5% Cu and 6.9 ppm Ag.
New anomalous areas identified around Bundarra pluton
Duke Exploration ran a 3D IP survey and Fixed loop EM survey over Mt Flora in 2020 and reprocessed a pluton scale VTEM survey in 2021. The result of the surveys successfully mapped the known historic mineralisation around the pluton and mapped new anomalous areas.
Conductive zones associated with copper in soil anomalies
The processed VTEM survey data enables the identification of conductive zones associated with copper in soil anomalies, covering a distance of approximately 19 km.
Exploration potential identified
The integration of geophysical data and geochemical anomalies presents exploration potential, with priority areas for future drilling programs defined by geophysical responses, anomalous copper in soils, historic drilling information, surface mineralisation, and historic workings.
