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Inflection Resources Granted Additional Exploration Licenses Covering New Copper-Gold Targets
Thenewswire·2025-08-27 10:30

Core Viewpoint - Inflection Resources Ltd. has been granted several exploration licenses in the northern extension of the Molong Volcanic Belt, which the company believes to be highly prospective for large copper-gold intrusive related mineral systems [1][2]. Summary by Sections Exploration Licenses - The company has acquired 3,336 km² of exploration licenses, referred to as the Molong North project, which includes two main areas: Coonamble and Mendooran [3][5]. - These licenses cover large copper-gold targets that have never been drill tested and are strategically located north of the Cadia copper-gold mine owned by Newmont [5]. Geological Interpretation - The licenses are based on detailed geological interpretation that models the extension of the Macquarie Arc further north, under post-mineral cover [2][4]. - The company utilized precompetitive geological and geophysical data to identify intrusion-like anomalies in the Ordovician basement, which may represent large porphyry or intrusion-related copper-gold systems [4][5]. Target Areas - Eleven major targets have been identified in the Coonamble area, showing high amplitude magnetic signatures indicative of potential porphyry-related alteration at depth [7][8]. - The Mendooran target area consists of interpreted intrusions along a significant cross-arc structure, which is important for fluid flow and the emplacement of large-scale mineral systems [12][14]. Exploration Strategy - The company plans to explore these new areas with a methodical and cost-effective approach, applying sound geoscience [2][5]. - Inflection has significant experience exploring the covered segment of the Macquarie Arc and has an ongoing exploration partnership with AngloGold Ashanti [4][5].