Coppermoly Limited (COY.AX)

Description

Coppermoly Limited, together with its subsidiaries, engages in the exploration and development of copper-gold projects located in Papua New Guinea and Australia. It also explores for silver, zinc, and polymetallic mineralized deposits. The company's principal projects include the Mt Nakru tenement that covers an area of 47 square kilometers; and the Simuku project, which covers an area of 122.7 square kilometers located in Papua New Guinea. It also holds interests in the Fox Creek project, which includes EPM27835 exploration license covering an area of 320 square kilometers; and Mount Tracey project comprising EPM27836 exploration license that covers an area of 294 square kilometers located on the Mount Isa Inlier in northwest Queensland, Australia. The company was incorporated in 2007 and is headquartered in Taringa, Australia.