🔨 MinRex Wraps Up Drilling at Fraser Range Copper-Gold Project (ASX: MRR) | Assays Pending August 2025 🌟
MinRex Resources (ASX: MRR) has successfully completed its RC drilling program at the Fraser Range Copper-Gold Project, located northeast of Esperance in Western Australia's renowned Albany-Fraser Belt. 🗺️⛏️
This program targeted five high-priority prospects — Talisker, Glenmorangie, Oban, Benriach, and Glendronach — as MinRex advances exploration in one of Australia's most prospective mineral corridors, home to major discoveries like IGO’s Nova-Bollinger deposit. 🌍⚒️
✅ 9 RC drill holes completed, totalling 1,958m
✅ Drilling focused on high-impact copper-gold targets with IOCG and BHT potential
✅ First drilling campaign on tenure following modern geophysical reinterpretation
✅ Fully funded by MinRex, with on-ground operations managed by JV partner West Cobar Metals (ASX: WC1)
✅ Assays expected August 2025 — critical for JV decision-making
🗨️ Technical Director Ian Shackleton commented:
"We thank the West Cobar team for executing the program safely and effectively. We look forward to reviewing the assays and working together to assess the next steps for this promising project."
At a share price of $0.008 and market cap of ~$8.68 million, MinRex offers high leverage to exploration success in a Tier-1 jurisdiction. With global copper and gold prices showing strength — and green energy and inflation tailwinds — the timing is favourable for well-placed explorers.
Copper is up 22.47% YTD, driven by demand for EVs, renewables, and grid upgrades. ⚡
Gold remains near record highs, up 27.55% YTD, supported by macro uncertainty and investor demand. 💰
Fraser Range represents an opportunity for MinRex to secure exposure to world-class copper-gold potential alongside experienced JV partners.
🔎 Read more: https://colitco.com/minrex-rc-drilling-completed-fraser-range-copper-gold/
Also Visit - https://crafmin.com/minrex-wraps-up-fraser-range-drilling-copper-gold/