Austral Resources Australia (ASX:AR1) secured the exploration tenement, EPM 28881, or Canyon EPM, a landholding adjacent to its existing Mt Kelly and McLeod Hill assets in Queensland, on Dec. 4 for an initial five-year term, according to a Wednesday Australian bourse filing.
Six kilometers of strong surface copper anomalism were identified, including exposures of undrilled copper oxide mineralization. Drilling is planned for 2026 to test priority oxide targets.
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