Drilling Commences at Turpentine Copper-Gold Deposit

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Stock BTM.ASX (BTM.ASX)
Release Time 8 Jul 2026, 8:57 a.m.
Price Sensitive Yes
 Breakthrough Minerals Commences Drilling at Turpentine Copper-Gold Deposit
Key Points
  • ~4,000m resource expansion drilling program at Turpentine
  • Turpentine hosts 8.7Mt @ 1.16% CuEq
  • Targeting northern and down dip extensions to existing resource
Full Summary

Breakthrough Minerals ASX:BTM has initiated a resource expansion drilling program at the Turpentine Deposit, located within the Hazel Creek Copper-Gold Project in North West Queensland. The Turpentine Deposit, which is Breakthrough's largest copper-gold resource, holds an Inferred Mineral Resource of 8.7 million tonnes at 1.16% copper equivalent (CuEq). The ~4,000m drilling program targets extensions to the north and at depth, where mineralization remains open. Gravity inversion modeling and magnetics support the mineralized system's north-plunging trend, guiding the current drill targeting. Follow-up drilling will test extensions below and along strike from historic high-grade copper-gold mineralization. A further ~2,500m RC program is planned across Hazel Creek to advance priority targets.