BTM.ASX: Completion of Nth Queensland Copper-Gold Project Acquisition

Completion of Nth Queensland Copper-Gold Project Acquisition

Stock	BTM.ASX (BTM.ASX)
Release Time	26 Mar 2026, 8:57 a.m.
Price Sensitive	Yes

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Breakthrough Minerals Completes North Queensland Copper-Gold Project Acquisition

Key Points

Secures a district-scale and highly strategic landholding (~952km²) of granted exploration tenure
Existing Global JORC (2012) Mineral Resource Estimate (MRE) of 18.8Mt @ 1.07% CuEq for ~200kt of contained CuEq metal
Significant exploration upside with multiple high-grade copper-gold intercepts outside current resource

Full Summary

Breakthrough Minerals Limited (ASX:BTM) has successfully completed the 100% acquisition of the North Queensland Copper-Gold (NQCG) Project in the Mt Isa region of Queensland, Australia. The project secures a district-scale and highly strategic landholding (~952km²) of granted exploration tenure, including ~21.5km² of granted Mining Leases, located close to established and in-construction third-party processing infrastructure. The project has an existing Global JORC (2012) Mineral Resource Estimate (MRE) of 18.8Mt @ 1.07% CuEq for ~200kt of contained CuEq metal, with significant exploration upside. Historical drilling outside the current Mineral Resource confirms substantial resource growth potential, with numerous high-grade copper-gold intercepts. The company is well-funded and drill-ready, with exploration programs targeting high-priority extensions and new discoveries to commence in the coming months.

Outlook

The company's focus is on execution - systematically testing high-priority targets and building a substantial copper-gold resource base in North Queensland.