JORC 2012 MRE for Ciclon Copper Project Chile
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| Stock | Norfolk Metals Ltd (NFL.ASX) |
|---|---|
| Release Time | 19 Jun 2026, 7:07 p.m. |
| Price Sensitive | Yes |
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Norfolk Metals Announces JORC 2012 MRE for Ciclón Copper Project
Key Points
- Norfolk Metals announced a JORC 2012 Mineral Resource Estimate for the Ciclón Copper Project.
- Total Mineral Resource is 11.8Mt at 2.88% CuEq.
- Indicated Mineral Resource is 8.0Mt at 2.93% CuEq.
- Resource remains open with potential for expansion.
- Transaction to close in August 2026.
Full Summary
Norfolk Metals Limited announced a Mineral Resource Estimate (MRE) for the Ciclón Copper Project in Chile, demonstrating the scale and development potential of this globally significant copper asset. The MRE, completed in accordance with the JORC Code 2012, reports a total Mineral Resource of 11.8 million tonnes at 2.88% copper equivalent (CuEq). The Indicated Mineral Resource is 8.0 million tonnes at 2.93% CuEq, while the Inferred Mineral Resource is 3.8 million tonnes at 2.80% CuEq. The resource remains open with potential for expansion, with multiple priority targets identified along strike and at depth. The transaction to acquire the Ciclón Copper Project is progressing well and is targeted for completion in August 2026.
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