Arrow Minerals Acquires 80% of Yarraloola Copper Project in Pilbara
Arrow Minerals Limited has secured an 80% stake in the Yarraloola Copper Project for A$1.15 million, aiming to enhance its exploration portfolio. This acquisition is significant due to the project's historical copper production and indications of substantial mineral resources.
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On April 28, 2026, Arrow Minerals Limited executed a Sale and Purchase Agreement to acquire an 80% interest in the Yarraloola Copper Project for A$1.15 million, consisting of A$50,000 cash and A$500,000 in shares, plus A$600,000 contingent upon a JORC-compliant resource. The project in Western Australia’s Pilbara region has historical mining records from 1963 and previous drilling results indicating a volcanogenic massive sulphide system.
Arrow plans to commence a 2,000-metre RC drilling campaign throughout 2026, targeting the historical mine area and new prospects identified through geophysical anomalies. The lack of modern exploration in decades presents both potential and risk for resource recovery.
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