Evaluating Australia’s Next Copper-Gold Development Opportunity

A high‑grade copper–gold-silver discovery in western Victoria, is progressing toward development, underpinned by a 60 Mt at 0.58% CuEq resource and clear district-scale growth potential.

The Thursday’s Gossan Scoping Study demonstrates a compelling development pathway from a single open pit and stand-alone 4 Mtpa process plant at the 100%-owned Stavely Project.

The Company’s portfolio includes the Stavely and Ararat Copper- Gold Projects in western Victoria, and the Hawkstone Nickel – Copper Project in the Kimberley ,Western Australia.

Key Financial Outcomes – Thursday’s Gossan Scoping Study 

In March 2026, the company announced an updated Total Mineral Resource Estimate (MRE) completed for the Stavely Copper-Gold Project (Thursday’s Gossan & Carroll’s Copper Deposits) in Western Victoria:

60Mt at 0.58% CuEq (including metallurgical recovery adjusted gold and silver credits) comprised of 0.46% Cu, 0.09g/t Au and 2.8g/t Ag

• Containing 280,000t of copper, 170,000oz of gold and 5.4Moz of silver.
• 58% of the copper, 63% of the gold and 63% of the silver contained metal are in the higher-confidence Indicated Resource category.