Highlights

  • Strong potential to expand the resource base at the Hazel Creek Copper-Gold Project (HCCGP), supported by refined targeting completed by Breakthrough.
  • A ~3,000m diamond drilling (DD) program is scheduled to commence in March 2026, following transaction completion, targeting down-plunge extensions of copper-gold mineralisation to grow the Mineral Resource Estimate at the Turpentine Deposit. Key intercepts include:
  • 11m @ 2.0% Cu & 0.5g/t Au from 277m (incl. 3m @ 5.1% Cu & 1.3g/t Au) – EHDD003
  • 7m @ 1.5% Cu & 0.5g/t Au from 226m – EHDD021
  • BTM share price structure has turned positive after finding support at its horizontal trendline.

Breakthrough Minerals Ltd (ASX: BTM) provides an exploration update for the Hazel Creek Copper-Gold Project (HCCGP), part of the broader Queensland Copper-Gold Project near Mt Isa, Queensland. The Company has signed a binding agreement to acquire the project via the purchase of Dingo Minerals from subsidiaries of Aeris Resources Limited (ASX: AIS), with completion expected in late February or early March 2026.

Breakthrough Minerals Exploration Update Sparks Renewed Market Interest

The Queensland Copper-Gold Project (QCGP) spans 952km² of granted tenure, including 21km² of Mining Leases, with a JORC (2012) Global Mineral Resource of 18.8Mt @ 1.07% CuEq for 200kt contained CuEq. The project comprises Hazel Creek, Barbara, Mt Colin, and Soldiers Cap/Cloncurry areas. The Hazel Creek Copper-Gold Project (HCCGP), 100km north of Cloncurry and near Harmony Gold’s Eva Copper Mine, hosts over half of total resources, including the 8.7Mt @ 1.16% CuEq Turpentine Deposit.

Breakthrough plans a 3,000m diamond program and 2,500m RC drilling in 2026 to expand resources, test high-priority EM targets, and unlock significant copper-gold growth potential.

Trendline Support Holds for Breakthrough Minerals — What’s Next for the Stock?

From a technical perspective, BTM continues to trade firmly above its key horizontal trendline, with the recent gap-up open reinforcing an already constructive chart structure. The strong upward move, accompanied by elevated volumes, reflects solid buying conviction and strengthening bullish momentum.

 

The rising trendline remains a critical area of dynamic support, underpinning current price action. As long as BTM sustains trade above this support zone, the broader uptrend should remain intact, maintaining a positive near-term bias and leaving scope for further upside extension.

Price action remains constructive for BTM, with the stock trading above its 50-period Simple Moving Average (SMA), underscoring near-term strength and a supportive trend structure. The 14-period Relative Strength Index (RSI) is positioned at 72.01, holding above the midpoint and indicating a recovery in bullish momentum from recent lows. On the upside, initial resistance is seen near AUD 0.300, followed by AUD 0.330, where renewed selling pressure could emerge and temporarily limit further advances.

Momentum Intact as Stock Defends Key Support Level

Breakthrough Minerals Ltd (ASX: BTM) maintains a constructive outlook, supported by planned 2026 drilling at Hazel Creek and strong exploration catalysts. Technically, the stock trades above its 21-period SMA with RSI above midpoint, while trendline support remains intact. Sustained momentum could drive a breakout toward the AUD 0.300–0.330 resistance zone.