Copper Mining News in Papua New Guinea

Freeport Resources Inc.
Freeport Resources Inc.
FRI.V
Papua New Guinea

Freeport Repurchases 1.5% Royalty as Discussions Continue with Strategic Partners for Yandera Copper Project, One of the World's Largest Undeveloped Copper Projects

Freeport Resources has successfully repurchased a 1.5% net smelter returns royalty, bringing the Yandera Copper Project to 100% ownership. The company is also extending the expiry of over 58 million warrants and continues discussions with strategic partners to advance the project toward a Definitive Feasibility Study.

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Freeport Resources Inc.
Freeport Resources Inc.
FRI
Papua New Guinea

Freeport Resources Repurchases 1.5% Royalty as Discussions Continue with Strategic Partners for Yandera Copper Project, One of the World's Largest Undeveloped Copper Projects

Freeport Resources has successfully repurchased a 1.5% net smelter returns royalty on its Yandera Copper Project in Papua New Guinea, bringing the project to 100% ownership. The company is also proposing an extension of over 58 million warrants by two years to support ongoing strategic discussions and project advancement.

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Taruga Minerals
Taruga Minerals
TAR
East New Britain, Papua New Guinea

Taruga Minerals follows copper-gold clues towards Agadul drill targets

Taruga Minerals has identified a new copper-molybdenum target at the Northern Agadul area of the Kol Mountain project following surface assays. The company also noted high-grade historical gold intercepts at the Agadul Shear and is prioritizing targets for 2027 drilling.

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Taruga Minerals Limited
Taruga Minerals Limited
TAR
East New Britain, Papua New Guinea
Drill Results

TAR: Northern Agadul Exploration Update

Taruga Minerals reported encouraging assay results from rock chip and channel sampling at its Kol Mountain Project in Papua New Guinea, identifying a porphyry-style copper-molybdenum signature in the new Northern Agadul access corridor. Highlights include 2.33% Cu, 9.4 g/t Ag, and 0.22 g/t Au from a skarn float sample, and 0.39 g/t Au from a gossanous outcrop. The results confirm copper mineralization and a metal zoning pattern typical of porphyry copper systems, supporting the Agadul Porphyry as a priority drill target and adding Northern Agadul for follow-up.

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South Pacific Metals Corp.
South Pacific Metals Corp.
SPMC.V
Papua New Guinea

South Pacific Metals Returns up to 12.8% Copper from Outcrop Outside the Kili Teke Resource; Massive Sulphide Traced over 200 Metres

South Pacific Metals reported high-grade copper, gold, and silver from surface rock chip samples at its Kili Teke Copper-Gold Project in Papua New Guinea, with one sample returning 12.8% Cu, 0.30 g/t Au, and 104 g/t Ag. These results confirm mineralization within a massive sulphide unit traced over 200 meters and validate historic trench mineralization, advancing two priority target areas towards drill-ready status. The company is integrating new data with historical information to define drill targets for a planned maiden diamond drill program by Q4 2026.

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South Pacific Metals Corp.
South Pacific Metals Corp.
SPMC
Papua New Guinea
Drill Results

South Pacific Metals Corp. Reports Rock Chip Assays with High-Grade Copper up to 21.2% at Ontenu NE

South Pacific Metals Corp. reported high-grade rock chip assay results from its Ontenu NE prospect, part of the Osena Project in Papua New Guinea. The results include exceptional copper grades up to 21.19% and silver up to 310 g/t, alongside historical high-grade gold results. These findings highlight the potential for intermediate sulfidation epithermal deposits, similar to those mined by K92 Mining Ltd.

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Freeport Resources Inc.
Freeport Resources Inc.
FRI
Papua New Guinea

Freeport Resources Appoints Key Advisors to Lead Yandera Copper Project Optimization Study

Freeport Resources has appointed Practara to lead a two-phase optimisation study for the Yandera Copper Project in Papua New Guinea, aiming to advance the project toward a Definitive Feasibility Study. The company also announced the closing of a non-brokered private placement raising approximately $38,925. The announcement references historical resource estimates from a 2017 PFS but notes they are not being treated as current.

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Freeport Resources Inc.
Freeport Resources Inc.
FRI
Papua New Guinea

Freeport Financing and Operational Update

Freeport Resources has raised $4.4 million in an ongoing private placement to fund an internal project optimization review for the Yandera Copper Project. The company also announced a license renewal through 2025 and is actively seeking strategic partners to advance the project toward a Definitive Feasibility Study.

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Freeport Resources Inc.
Freeport Resources Inc.
FRI
Papua New Guinea

Freeport Commences Internal Project Optimization Review for Yandera Copper Project, One of the World's Largest Undeveloped Copper Projects and Announces Private Placement

Freeport Resources has commenced an internal optimization review for its Yandera Copper Project in PNG, exploring new direct sulphide leaching technologies to improve economics. The company also announced a non-brokered private placement of up to 100,000,000 units to fund project development and working capital.

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