![](https://coppermoly.com.au/wp-content/uploads/2019/12/Mt-Nakru-1.jpg)
Mt Nakru
The Mt Nakru tenement covers 47km2 and encloses four known copper-gold systems known as Nakru-01 to Nakru-04.
After significant drilling by Coppermoly and former joint venture partners, an initial inferred resource was defined at the Mt Nakru project in 2012.
As a result of further exploration work and drilling campaigns conducted over the past few years, including a 2018 campaign of 16 drill holes for 1997.5 metres, the resource has been updated and upgraded, with the first indicated resource category declared for the project in February 2019.
![](https://coppermoly.com.au/wp-content/uploads/2019/12/simuku-1.jpg)
Simuku
The Simuku project is the second of Coppermoly’s projects to have a declared resource and continues to be a focus of recent exploration activity.
The tenement (EL2379) covers 122.7 km2 and is located within one hour’s drive from existing infrastructure, including the deep-water port of Kimbe.
The Simuku deposit consists of a large tonnage, low grade, porphyry style copper mineralisation zone and near surface higher grade secondary copper mineralisation.