Inflection Resources Granted Strategic Copper-Gold Exploration License Adjacent to Trangie Project in New South Wales, Australia
LillyLilly(US:LLY) Thenewswire·2025-11-24 11:30

Core Insights - Inflection Resources Ltd. has been awarded an additional exploration license for the Dandaloo project in New South Wales, which is adjacent to its Trangie project and not part of the AngloGold Ashanti Agreement [1][2][6] Dandaloo Project - The Dandaloo project is considered highly prospective for copper and gold, located immediately southeast and east of the Trangie Project [3][6] - Historical drilling by Goldfields in 1997 identified visible bornite and chalcopyrite mineralization at depths between 80 and 170 meters, but this promising mineralization was never followed up due to agricultural activities and a shift in exploration focus [4][6] Exploration Strategy - The company plans to commence land access discussions and permitting for a program of air core drilling, which will involve 6 to 10 drill holes to test the upper part of the basement sequence [8] - The drilling technique is aimed at collecting lithological and geochemical data to provide valuable insights for potential deeper drill holes [8] Industry Context - Inflection is exploring for large copper-gold and gold deposits in the northern extension of the Macquarie Arc, which is known as Australia's premier porphyry copper-gold province [11]