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True North study shows $87M cash flow for Queensland copper project
['Doug Bright']
The Age - Business
AdvertisementSponsored BusinessCompaniesBulls N' Bears True North study shows $87M cash flow for Queensland copper project Brought to you by BULLS N’ BEARS Doug Bright August 5, 2026 — 3:09pm Save You have reached your maximum number of saved items.
Share A A AA scoping study just delivered over its Wynberg gold-copper project by True North Copper has highlighted a low capital development that could generate between $53 million and $87 million in pre-tax cash flow and add a high-value resource to its Cloncurry Copper Project, or “CCP”.
True North Copper’s Wynberg gold-copper project is located in the Cloncurry region of north-west Queensland.
True North Copper managing director Andrew Mooney said: “Our strategy is clear: grow the district-scale potential of Mt Oxide while advancing the Cloncurry Copper Project towards development through disciplined focus on optimising development options and maximising project value.
Wynberg Gold-Copper adds another low-capital development opportunity with multiple pathways to unlock value, including standalone development, regional processing and integration with the Cloncurry Copper Project.”