Expanding Our Gold Portfolio in the Etheridge Province
The Gilberton Gold Project is located within the Etheridge Province of Northern Queensland, a highly prospective region for both orogenic and epithermal gold deposits, as well as copper, zinc and lead.
Cooper Metals now holds three granted exploration licences across the district:
- EPM 28918 – Wandrop (granted November 2024)
- EPM 28922 – Gilberton (granted July 2025)
- EPM 28924 – Gilberton (granted July 2025)
These tenements sit within a prominent structural corridor that extends from the historic Kidston Gold Mine in the northeast through to the Woolgar Project in the southwest. The corridor is defined by large-scale faults and intrusives that have historically contributed to the development of mineralised systems in the area.
Regional Prospectivity
The licences are strategically located near several significant gold projects:
- Savannah Goldfields (ASX: SVG) – 590,000 oz Au
- Woolgar Gold (QGold Pty Ltd) – 1.4 Moz Au
- Active X (ASX: AIV) – maiden 330,000 oz Au
- Historic Kidston Gold Mine – a major past producer
This proximity highlights the strong potential of the Gilberton Project to deliver new discoveries within a
Exploration Highlights
Initial desktop compilation of historic data has outlined multiple gold and pathfinder anomalies.
EPM 28918 (Wandrop): fieldwork in June 2025 identified quartz veining and confirmed gold anomalies in historic stream sediment data. Notably, no historical drilling has been recorded on this licence.
EPM 28922 & 28924: review of regional geophysics and stream sediment datasets has identified several anomalies, including a strong arsenic anomaly extending ~4 km along a fault zone on EPM 28924. Arsenic is a common pathfinder for gold mineralisation styles seen at Kidston.
Planned Work
The next stage of work at Gilberton will include:
- Ongoing desktop studies and interpretation of regional datasets
- Target generation based on geophysical and geochemical results
- Focused fieldwork programs to follow up defined anomalies
These activities are designed to advance the project systematically, unlocking its gold potential and building value for shareholders.
Strategic Fit
The Gilberton Project strengthens Cooper Metals’ portfolio of copper–gold projects in mineralised districts close to infrastructure. As part of the Company’s broader Cu-Au strategy, the project represents a low-cost acquisition with no rent payable until 2028, further enhancing its value proposition.
