Fin Resources Launches Key Electromagnetic Survey at McKenzie Springs Amid Copper Surge

Exploration Momentum Builds at McKenzie Springs

Fin Resources Limited (ASX – FIN) is advancing its exploration efforts at the McKenzie Springs Copper-Nickel-Cobalt project, located in the Kimberley region of Western Australia. The company has contracted a geophysical survey firm to conduct a Fixed Loop Electromagnetic (FLEM) survey starting mid-August 2025, with results expected by the end of September. This survey represents a critical step in identifying new drilling targets within a project area that has shown promising signs of mineralisation.

Strategic Survey to Unlock Untested Targets

The McKenzie Springs project has been the subject of extensive data review, combining recent and historical geochemical and geophysical datasets. These analyses revealed several copper, nickel, and cobalt anomalies, particularly around the Spring Creek Intrusive Complex, where visible copper mineralisation such as malachite has been identified in rock chip samples. Despite this, many airborne electromagnetic conductors detected in previous surveys remain largely untested by drilling, underscoring the importance of the upcoming FLEM survey.

Technical Approach and Project Collaboration

The FLEM survey will deploy high-power electromagnetic pulses through large transmitter loops to detect subsurface conductive materials indicative of sulphide mineralisation. This method allows for detailed imaging of geological structures that could host economically viable mineral deposits. The McKenzie Springs project is jointly owned by Fin Resources (70%) and Cazaly Resources Limited (30%), with exploration costs shared accordingly, reflecting a collaborative approach to advancing the project.

Market Context and Commodity Outlook

Fin Resources’ timing aligns with a favourable market backdrop, as copper prices hover near five-year highs at around US$10,000 per tonne. This price strength enhances the economic potential of the McKenzie Springs project, which targets base metals critical to the global energy transition and electrification trends. The survey results will be closely watched by investors eager to see whether the geophysical data can translate into viable drilling targets and, ultimately, resource delineation.

Looking Ahead

As the FLEM survey progresses, Fin Resources is positioning itself to unlock the latent potential of a largely underexplored project area. The coming months will be pivotal in determining whether McKenzie Springs can deliver on its promise as a significant copper-nickel-cobalt resource in Western Australia’s competitive mining landscape.