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Fitzroy Minerals Launches Advanced Heliborne Survey at Chilean Copper Project

Fitzroy Minerals begins advanced MobileMT heliborne survey at Caballos Copper Project in Chile, using cutting-edge geophysics to map subsurface structures for copper discovery. Results expected March 2026.

This development matters because it represents a significant advancement in mineral exploration technology with direct implications for global copper supply. As the world transitions to renewable energy and electric vehicles, copper demand is projected to surge dramatically—electric vehicles use approximately four times more copper than conventional vehicles, and renewable energy systems require substantially more copper than fossil fuel alternatives. Successful exploration at projects like Caballos could help address the looming copper supply deficit that threatens to slow the clean energy transition. For investors, this represents potential value creation through discovery, while for local communities in Chile, it could mean economic development and job creation. The use of MobileMT technology also demonstrates how innovation is making mineral discovery more efficient and environmentally sensitive, reducing surface disturbance through aerial surveys while improving targeting accuracy. In a world increasingly dependent on copper for decarbonization, every new exploration success helps secure the materials needed for our sustainable future.