Sarytogan Graphite Limited has advanced its copper exploration at the Baynazar project in Kazakhstan with promising new field results. A recent trench excavation at the Ilkin prospect, within the project area, returned encouraging results with a 140‐meter long, 2‐meter deep trench in weathered diorite. The trench assays recorded an average copper grade of 0.09% over the complete length, with a higher grade section of 86 meters averaging 0.10% copper, and a concentrated 8-meter interval that reached up to 0.20% copper. These figures were supported by a circular aeromagnetic anomaly and soil sampling that identified multi-element mineralised zones. The exploration program builds on earlier work, which included a high-resolution aeromagnetic survey and the collection of over 6,000 soil samples across the project. Historical drilling from the 20th century had already shown mineralisation in the region, and the latest trench results reinforce the possibility that higher copper grades may be found at depth. The company now considers the Ilkin prospect drill ready, with plans to use water coring (KGK drilling) to pierce the weathered cover and test the underlying fresh bedrock. The upcoming drilling phase could help define target zones for subsequent deeper diamond drilling, subject to securing additional exploration funding. In addition to its copper exploration, Sarytogan Graphite Limited continues to develop its world-class graphite deposit in Kazakhstan, a project recognised as strategic under the European Union’s Critical Raw Materials Act. The company has seen recent positive advances in graphite processing and resource estimates, underlining its dual focus on copper and graphite exploration. However, current funding from the European Bank for Reconstruction and Development is being prioritised towards the graphite project, which may impact the immediate pace of copper exploration work. Market sentiment on these developments appears to be mixed. Bullish views focus on the unusually high copper anomalism observed in a highly weathered rock setting at Ilkin, suggesting significant upside potential if drilling confirms higher grades at depth. The combination of robust soil sampling, historical drilling data, and modern geophysical surveys reinforces confidence in the prospect’s exploration potential. On the other hand, bearish sentiment could arise from uncertainties associated with historical drill data reliability, the need for further capital to advance the copper drilling program, and the current prioritisation of graphite development funding. Investors, especially beginner traders, should weigh the promising technical indicators against these funding and execution risks when evaluating the company’s exploration strategy.