IGO (ASX:IGO) has acquired the remaining 49% stake in the Copper Wolf Project in Arizona from Buxton Resources for about AU$6.2 million in cash, according to a Tuesday Australian bourse filing.
The project sits within a highly prospective porphyry copper belt and shows widespread porphyry-style mineralization and alteration across the tenure, the filing said.
The company intends to conduct a focused drilling program in the first half of 2027, with the results expected to guide the project's future development strategy, the filing added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments