Alma Metals plans to soon begin a core-drilling program to both upgrade and expand its copper-molybdenum resource at its flagship Briggs project that sits about 60km from the deep-water port of Gladstone in Queensland.
Two months ago Garimpeiro said he was taken by BHP’s assessment at the time that the supply deficit in copper previously expected to emerge in the final third of the 2020s could well come earlier. What’s more, the supply deficit…
Alma Metals has extended the higher-grade copper-molybdenum mineralisation strike at the Central Zone within its Briggs project in Queensland to about 500m, with new drill hits including 161m at 0.29 per cent copper and 71 parts per million moly from…
The latest drillhole intersected a good thickness of high-grade copper-moly mineralisation from surface to a downhole depth of 136.3m. Management believes the high-grade, near-surface results that occur just above the base of oxidation most likely reflect a modest “bonanza zone 
Alma adds new ground and expands the Briggs, Mannersley and Fig Tree Hill joint venture it shares with Canterbury Resources in central Queensland by grabbing two new exploration permits adjacent to the project.
While shooting for 51% Alma Locks in 30% joint venture interest by sole-funding a further $3m by 2026 of Queensland Briggs Copper Project.
Listen to ASX-listed Alma Metals Managing Director Frazer Tabeart talk to Matt Birney on the Bulls N' Bears Report.