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.


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

Barrick Gold Corporation still holds a nominal 28% interest in Nakru and Simuku (WNB Projects), which the Company has a binding agreement to acquire, completion of which will be effected on the payment of a further $4.5 million to Barrick within 6 months following the commencement of commercial production at the WNB Projects. Barrick do not have to contribute any further costs for exploration or development of the WNB Projects nor are they entitled to any profits from the projects.

Latest News

April 28, 2017
March 2017 ASX Quarterly

April 27, 2017
Extremely Encouraging Results for Nakru 2 Prospect

April 19, 2017
Coppermoly receives remaining results for Nakru 1 Prospect

March 30, 2017
Exercise of Unlisted Options

March 16, 2017
Coppermoly Successfully Completes Drilling Program

March 13, 2017
Dec 2016 Half Year Accounts

January 31, 2017
Dec 2016 ASX Quarterly

October 28, 2016
Results of 2016 AGM

November 30, 2016
Chairman's Address to Shareholders

October 28, 2016
Sept 2016 ASX Quarterly

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