u/Freeport-FRI

Freeport is prioritizing engagement with copper consumers in #China, #SouthKorea, #India and #Japan to leverage potential offtake-linked financing and move #YanderaCopper through to #feasibilitystudy and

a #finalinvestmentdecision.  Discussions include a high grade, copper cut-off of 0.40% and reduced throughput operations with the potential to manage upfront capital, generate early #cashflows, and position Yandera for #futureexpansion.  www.freeportresources.com

 

The Yandera #Copper Project Pre-Feasibility Study* identified higher grade zones near surface grading +0.50% Cu for initial years of production and confirmed large areas of elevated #gold #Au and #molybdenum #Mo grades. The block model is based on 35,250 samples from 553 drillholes at an average spacing of less than 30m in the principal resource areas.  $FRI www.freeportresources.com

Gold is a significant secondary metal for many of the world’s largest #copperporphyry deposits. In Q1 2026, major producers reported negative cash costs, net of byproduct credits, per pound of #copper produced, as #revenue from #gold byproducts more than covered #copperproduction costs.  Located in pro-mining #PapuaNewGuinea, #YanderaCopper is one of the largest undeveloped copper-gold-molybdenum deposits in the world.  www.freeportresources.com