In a significant market development, shares of True North Copper soared to an increase of 27.3%, reaching A$0.28.

This is the highest it has reached since May 26, 2022.

The company reported exceptional high-grade findings of copper, cobalt, and silver at its Mt Oxide Project located in Queensland.

Displaying optimism for the future, the company stated that it continues to uncover encouraging visuals from the holes drilled to-date and is looking forward to reporting assays in the upcoming weeks.

True North Copper’s stock has posted its most substantial intraday gain since June 19 and has recorded an increase of 82.9% year-to-date as of the last close.

True North Copper is mineral exploration company with its main project located in Queensland, Australia.