Mons Cupri Resource Grows 24% As Whim Creek Engineering Advances
Closing price · 2026-10-26: $0.028 · +3.70%
Anax Metals reported a 24% increase in tonnes and 20% growth in contained copper-equivalent metal at Mons Cupri, with initial drilling returning high-grade mineralisation. Whim Creek engineering and funding discussions advanced, with non-binding indicative financing offers of up to approximately $57 million and a final investment decision still targeted for the December quarter of 2026. A heap-leach feasibility study is underway, with completion expected in early 2027.