Norway Sed-Copper

Basin-scale sedimentary Cu-Ag targets funded by an alliance with a major mining house & in the orbit of a permitted Cu-Ag mine

In 2025, Aurum Discovery staked large ground positions in both the Repparfjord and the Alta Tectonic windows in Troms and Finnmark counties in northern Norway, both deemed highly prospective for sedimentary copper-silver mineralisation.

In Repparfjord, the land position is adjacent to and includes the potential strike and downdip extensions of the Nussir and Ulveryggen Cu-deposits (>60Mt @ 1.01% Cu, 15g/t Ag), held by Blue Moon Metals (TSX-V, BMM). Mine construction has begun and Blue Moon has indicated that production is expected to commence at Nussir in late 2027.

The Nussir and Ulveryggen deposits occupy a distinct redox boundary within the Palaeoproterozoic basin, occurring within dolomites at the contact with overlying green siltstones. Mineralisation is generally concordant with bedding, interpreted as syngenetic and dominated by chalcocite and bornite. 

In Alta, Aurum Discovery’s project areas comprise a large groundholding containing rocks considered directly analogous to those hosting the Nussir deposit in the adjective basement window. The permits contain multiple kilometres of strike of a Cu-bearing dolomite and many mapped Cu-occurrences found at the same stratigraphic level as Nussir. 

In addition, the company has an option to purchase the permit package of Norsk Kobberprospektering AS (NK), which contains additional kilometres of exposed strike of the redox boundary considered analogous to that which hosts the orebody at Nussir. Aurum Discovery also holds a 2.0% NSR over the entire NK licence package.

In September 2025, Aurum Discovery signed a Strategic Alliance with South32, the major diversified mining company. This partnership includes a first-year funding commitment of €378K (CAD $615K) to advance these Norwegian sedimentary copper project areas. 

With a substantial budget commitment and with the support of South32, Aurum Discovery plans to execute an inaugural exploration field programme across these projects in 2026.