NFM advances NWQ Copper Project with bulk samples to Mt Kelly Processing Plant

Located in the prolific Mt Isa Copper Belt, NFM’s NWQ Copper Project offers a unique opportunity to leverage world-class infrastructure and regional expertise via a MOU with Austral Resources to process ore from NWQ at Austral’s Mt Kelly facility, fast-tracking NFM’s pathway to copper production.

NFM’s Non-Executive Director and geologist, Joel Logan, inspected Mt Kelly for insights into the plant’s capacity to support NFM’s production plans, particularly for its flagship Big One Deposit. The visit also reinforced the scalability and economic potential of NFM’s collaboration with Austral Resources, highlighting the NWQ Copper Project’s position in one of the world’s richest copper regions.

Highlights:

• Site visit to Austral Resources’ Mt Kelly Copper Processing Plant reinforces NFM’s collaboration and production plans for its NWQ Copper Project.
• Bulk samples collected from historical stockpiles at the Big One Deposit for copper processing evaluation at Mt Kelly Processing Plant.
• NFM has a Memorandum of Understanding (MOU) with Austral Resources to process copper from the Big One via Austral’s Mt Kelly facility, fast-tracking NFM’s pathway to copper production.
• Positioned in Australia’s premier copper province, the NWQ Copper Project features world-class infrastructure and vast exploration potential across more than 20 under-explored targets.
• NFM plans to progress mining lease applications and regulatory requirements over the Big One Deposit while commencing metallurgical testing of existing copper oxide stockpiles to fast-track near-term copper production.

Ged Hall, Chairman at NFM, commented:

“Our successful site visit to Austral Resources’ Mt Kelly facility and the formalisation of our strategic alliance marks a milestone in our growth strategy. These advancements provide a clear path to production for NFM, leveraging world-class infrastructure and partnerships to create significant value for our shareholders. We are confident that the NWQ Copper Project will emerge as a standout asset within one of the world’s premier copper belts.”

Image by NFM Geology Team.

Read the article online at: https://www.globalminingreview.com/finance-business/23052025/nfm-advances-nwq-copper-project-with-bulk-samples-to-mt-kelly-processing-plant/