TrueNorth Copper (ASX:TNC) said an induced polarization survey identified multiple drill targets at its Salebury iron oxide copper gold system in Queensland, according to a Thursday filing with the Australian bourse.
Targets show geophysical signatures typical of major iron oxide copper gold systems, the filing said.
The company completed environmental preparations for drill testing, and cultural heritage surveys are in progress, the filing added.
The company is also awaiting assay results from its Great Australia Mine program and expects to complete Mount Oxide drilling by the end of July.
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