UPDATE: Inflection Resources Ltd. has just announced significant copper-gold exploration targets at its Endurance Projects in Australia’s Northern Territory. This urgent update reveals the potential for large-scale iron oxide copper-gold (IOCG) deposits, encompassing over 4,592 km² across twelve exploration licenses.
Located 185 km east of Tennant Creek, these promising projects were acquired from Newmont Corporation and announced on June 16, 2025. With the licenses now fully transferred, Inflection is rapidly advancing its exploration strategy, which aims to tap into the region’s unexplored potential for Olympic Dam-style mineralization.
Why This Matters NOW: The Endurance Projects are positioned near a crucial crustal-scale geological structure identified by Geoscience Australia, suggesting a prime location for hydrothermal fluid pathways essential for IOCG deposits. Alistair Waddell, Inflection’s President and CEO, expressed excitement, stating, “We are thrilled to have completed the acquisition of this large portfolio of copper-gold projects. These assets are integral to our strategy of targeting high-impact, Tier-1 copper-gold systems.”
Among the sixteen large IOCG targets identified, the Bigeye target stands out. Defined by a significant aeromagnetic high and a Bouguer gravity anomaly, this area is interpreted as a major fluid conduit capable of localizing mineralization. Preliminary drill results from a nearby government-funded survey indicate geological similarities to the renowned Ernest Henry mine.
Inflection’s exploration strategy emphasizes a mineral systems approach, leveraging high-quality geoscience to prioritize targets based on existing data and stakeholder engagement. The company is also in the process of securing land access agreements as it prepares for a first-pass air-core drilling program set for the first half of 2026, following the wet season.
The exploration landscape for IOCG deposits in Australia is particularly promising, given the country’s rich history of significant finds. The Olympic Dam and Ernest Henry mines are among the largest in the world, noted for their high yields of copper and gold. Inflection’s Endurance Projects could potentially represent a new IOCG province, with extensive areas remaining largely untested due to historical exploration challenges.
Next Steps: As Inflection Resources advances its exploration efforts, the company is utilizing modern techniques to penetrate the post-mineral cover and effectively assess the prospective basement rocks. The initial findings have already generated excitement within the mining community, with implications for future economic growth and job creation in the region.
Stay tuned for further updates as Inflection Resources embarks on this promising exploration journey, potentially unlocking vast mineral wealth in Australia’s Northern Territory. Share this groundbreaking news and follow our updates as this story develops.