Inflection Resources – Acquires 12 Projects from Newmont, Major Copper-Gold Exploration Expansion in Australia
Inflection Resources (CSE:AUCU – OTCQB: AUCUF) significantly expands its copper-gold exploration footprint with the acquisition of 12 early-stage projects from Newmont, spanning New South Wales and the Northern Territory.
President and CEO Alistair Waddell joins me to discuss the strategic fit of this acquisition, which includes:
- 11 IOCG targets in the Northern Territory – large-scale, shallow cover projects originally generated by Newcrest and lightly explored before the Newmont merger.
- Bell River Project in the prolific Macquarie Arc, adjacent to some of Australia’s largest copper-gold operations.
Alistair explains why these projects align with Inflection’s focus on tier-one scale discoveries, how the company will integrate them alongside the ongoing AngloGold Ashanti exploration earn-in partnership, and what early exploration data suggests about future drill targets.
We also get an update on current drill work at the Trangie Project, where recent drilling intercepted porphyry-style mineralization, and what’s ahead for other projects within and outside the AngloGold earn-in.
Key themes covered:
- Strategic rationale behind acquiring Newmont’s Australian projects
- Integration with existing exploration portfolio
- Ongoing exploration with AngloGold Ashanti
- Newsflow expectations for H2 2025
Have questions for Alistair? Send them my way, I’ll include them in future interviews – Fleck@kereport.com.
Click here to visit the Inflection Resources website to learn more about the Company.
What did NEM get from AUCU for this deal? Alaska Silver has gone from .30 yesterday to .58 today. WAMFF is the best silver stock today but it will have to go to 1.85 for me to break even.