Welcome to Coppermoly

Coppermoly is focussed on exploring for and developing copper–gold-molybdenum deposits.

Our projects fit within our corporate strategy of exploring for versatile metals close to existing infrastructure. To date we have an inventory of over 2 billion pounds of contained copper in two deposits, with much more yet to be discovered from additional drilling.

Our two main projects include the Nakru-01 copper-gold system containing 233,400 tonnes of copper and the large 700,000 tonne copper deposit at Simuku in Papua New Guinea. Both systems contain an upper enrichment zone of secondary copper. At the Nakru-02 deposit 1 kilometre to the west of Nakru-01, drilling intersected a massive sulphide lens of 3 to 4% copper at 25m depth.

Coppermoly WNB 3D Fly-Through Presentation 2013

The Simuku porphyry copper system has an Inferred Mineral Resource of 200 million tonnes grading 0.47% copper equivalent (0.3% Cu.Eq. cut-off) for 700,000 tonnes of copper. Barrick Gold Corporation now have a 28% stake in these projects.


A maiden Inferred Resource was estimated by Golder Associates.
Mineralisation occurs within breccia and volcanogenic hosted massive sulphide copper-gold (molybdenum) systems.

Nakru-1 Drill rig

Latest News

January 30, 2015
Notice of EGM to be held 4 March 2015

December 19, 2014
Issue of Esrowed Shares to Barrick & repayment of Jelsh loan

December 19, 2014
Issue of Convertible Notes & Unlisted Options to Jade Triumph International

December 12, 2014
Placement & Convertible Note Agreement

December 1, 2014
Amendment to Barrick Agreement & Jelsh loan

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