Cobalt powers Castillo Coppers BHA Project
21 February 2022
Castillo Copper Limited (ASX: CCZ) is an ASX-listed base metal explorer primarily focused on copper then nickel, zinc & cobalt.
The group is embarking on a strategic transformation to morph into a mid-tier copper group underpinned by three core pillars:
- Pillar I: Cangai Copper Mine in northern New South Wales, which is one of Australia’s highest grading historic copper mines with a JORC inferred resource of 3.2Mt @ 3.35% Cu.
- Pillar II: The Mt Oxide project in the Mt Isa district, north-west Queensland, which delivers significant exploration upside through having a sizeable untested anomaly within its boundaries in a copper-rich region.
- Pillar III: Several high-quality prospective assets in Zambia, which is the second largest copper producer in Africa.
In addition, Castillo Copper is progressing a dual listing on the standard board of the London Stock Exchange.