Norfolk Metals executive chairman Ben Phillips said: “We continue to work with stakeholders within the permitted and the surrounding areas in an effort to best prepare for success in the Company’s ambition to delineate a JORC-compliant resource at Carmen Copper Project. Ǫ1 2026 will see further geological news flow with results from the final holes of the RC program, along with the assays from historical mineralised core submitted for analysis.”
Carmen sits in Chile’s copper-rich Huasco Province in the Atacama region, 16 kilometres from the massive Nueva Unión mine, jointly owned by mining giants Teck Resources and Newmont.
Nueva Unión includes the JV’s immense Relincho-Fortuna deposit – a copper-gold behemoth boasting 16.6 billion pounds of copper, 8.9 million ounces of gold and 464 million pounds of molybdenum.
With the RC drilling phase now complete, permitting progressing smoothly and water studies close to wrapping up, Norfolk is steadily ticking off the key milestones needed to advance Carmen toward a defined oxide resource suited to low-cost production. At the same time, the company is pushing deeper with drilling to test for higher-grade sulphide potential beneath the oxide profile.
Copper continues its strong run into year-end, providing a supportive backdrop as Norfolk prepares for a busy upcoming year of results and regulatory milestones. More assays are due early in the new year, with the company showing no signs of downing tools over what looks set to be a busy Chrissie period.
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