Copper Search Limited Secures Strategic South Australian HMS Tenements and Launches Fully-Funded $1.15M Drill Program

Tuesday, July 1, 2025
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Copper Search Limited has secured two promising heavy mineral sands tenements and staked new ground in South Australia’s Eromanga Basin. Field mapping, sampling, and a 4,000m air-core drill campaign are slated to start soon, potentially creating exciting long-term exploration prospects for shareholders.

Copper Search Limited has announced significant progress in its exploration efforts in South Australia’s Eromanga Basin. The company has secured two key exploration tenements—EL7071 “Nilpinna” and EL7072 “Eddy”—positioned near William Creek, adding to its portfolio of Heavy Mineral Sands (HMS) potential. Recent findings have reinvigorated interest in the area, as highlighted by a pan concentrate grab sample from EL 6195 “Anna Creek” which recorded an impressive mineral composition of 35% zircon, 20% ilmenite, 20% leucoxene, and 5% rutile. The company is preparing to commence field work as early as next week, focusing on mapping and sampling to identify priority drill targets. A heritage survey is also scheduled at the end of August with Arabana Traditional Owners ahead of a planned 4,000-meter air-core drilling program set for later in the year, subject to regulatory approvals. Recent funding efforts have secured a combined $1.15 million, ensuring that the drilling phase is fully backed financially. In addition to developments in the Eromanga Basin, Copper Search Limited is also progressing with its copper-gold projects in New South Wales. A small-scale infill gravity survey on the Byrock Project is nearing completion, with high-priority drill targets to be finalized soon. Moreover, the company has submitted grant applications seeking co-funding for ongoing drilling and geophysical studies in both the Byrock and Theseus Projects, with decisions expected from the New South Wales Government by 30 September. The overall sentiment from the announcement suggests optimism among market observers. On the bullish side, strategically acquired tenements and quick deployment of machine learning and historical data reviews highlight a proactive approach to expanding the company’s exploration pipeline. The fully funded drilling program and diverse commodity focus—including copper, gold, titanium, and zircon—underscore significant potential for value creation. Conversely, uncertainties remain regarding regulatory approvals for drilling and the pending grant decisions for the New South Wales projects, which may introduce short-term operational hurdles. For beginner traders, these developments underscore the balance between the excitement of new exploration opportunities and the inherent risks of exploration-stage projects.

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