Somerset Minerals Limited Launches Fully Funded 1,500m Maiden Drilling Campaign to Uncover High-Grade Copper & Silver in Canada's Coppermine Project
Wednesday, July 9, 2025
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8:19 am
Somerset Minerals Limited has launched a 1,500m drilling campaign at its Canadian Coppermine Project, targeting high-grade copper zones with strong surface mineral results. The fully funded and permitted program marks the start of an exciting, multi-phase exploration effort.
Somerset Minerals Limited has initiated its maiden drilling campaign at its flagship Coppermine Project in Canada. The company’s first phase involves a 1,500‐meter reverse circulation drill program alongside ongoing surface sampling and geological mapping. This work comes on the heels of promising high-grade copper surface samples and reprocessed induced polarization data outlining several significant geophysical and geochemical anomalies.
The initial focus is on the Coronation target where up to three separate induced polarization anomalies have been identified. Two of these are drill-ready zones extending up to 1.7 kilometers, and a third is supported by historical drilling data. At the Jura area, drilling is set to cover more than five kilometers of outcropping copper mineralization along a major fault trend. Notably, recent surface samples have revealed exceptionally high grades, including one result of over 19% copper and more than 21 grams per tonne silver. Somerset Minerals Limited has fully funded and permitted this inaugural exploration campaign, with initial results anticipated within the next four to six weeks, and Phase-2 planning already underway for an expanded drill program targeting additional high-priority zones.
The Coppermine Project spans approximately 1,665 square kilometers in Nunavut, making Somerset Minerals Limited the largest landholder in the region. Over 90% of this tenure is situated within the Copper Creek Formation basalts, a geological setting favorable for high-grade copper deposits. Historical context and modern reinterpretation have allowed the company to identify four primary districts with substantial potential, including areas with previously recorded rock chip results that underscore the project’s promise.
From a bullish perspective, the commencement of a fully funded and permitted maiden drill campaign, combined with encouraging high-grade surface sample results and strategic positioning adjacent to successful exploration projects, could bode well for the company’s future discovery potential. The rapid progress from acquisition to drilling and the planned expansion into Phase 2 may lower the risks associated with initial exploration stages.
Conversely, from a bearish standpoint, it is important to recognize that the early stage of exploration inherently carries uncertainties. The promising surface sample results and geophysical anomalies may not necessarily translate into a significant resource, and the forward-looking nature of these statements carries the usual risks related to exploration outcomes. Investors should be aware that further drilling and evaluation will be required to confirm the extent and economic viability of the mineralization.
Overall, Somerset Minerals Limited’s latest drilling initiative underscores its commitment to unlocking the potential of one of North America’s underexplored copper districts, with the coming weeks expected to provide critical data that could shape the project’s development trajectory.