Somerset uncovers big nugget, multiple zones of mineralisation at Coppermine

• Standout 17km copper anomaly at Talisker, only 4km from Danvers prospect.
• Seeking to convert ~17km anomaly into discrete drill targets.
• Sampling recovered a 2.3kg native copper nugget.
• At Jura, numerous adjacent targets identified.

Somerset Minerals (ASX:SMM) has obtained a 2.3-kilogram native copper nugget with new exploration activities well underway at the Coppermine project in Canada.

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The discovery of the significant nugget was just one of a number of successful outcomes from the company’s ongoing 2026 field program, including an infill soil sampling program at the priority Talisker copper target, now complete.

MD, Chris Hansen, told shareholders Somerset is entering an exciting phase at Coppermine, with momentum building across two highly compelling copper opportunities.

“At Talisker, three independent datasets, geophysics, geochemistry and now copper mineralisation mapped directly at surface, converge over the same 17 kilometre corridor,” Mr Hansen told shareholders.

“With infill soil sampling now complete, our crews have identified mineralisation at surface across 14km of strike and recovered a 2.3 kg native copper nugget at the same time, a striking physical confirmation of the potential endowment we believe lies beneath the thin cover across this landholding, and serves to increase our confidence ahead of the maiden RC drill program scheduled for early-July.”

Mr Hansen noted Talisker sits in a highly prospective structural setting, close to White Cliff Minerals’ Danvers discovery and links to the same fault system. “Together with the detailed structural mapping completed during this program, we believe these results have materially advanced the target toward drill testing.”

At the same time, the latest results from Jura North continue to demonstrate the quality of this mineralised system, while the broader seven km Jura trend remains largely untested.

“With multiple nearby targets, including Jura Central and Skye, we see increasing evidence that Jura has the potential to develop into a standalone copper district in its own right,” he explained this morning.

“With assays pending from Talisker and field programs continuing across several priority areas, Somerset is exceptionally well positioned for a highly active and potentially transformational period of exploration.”

An RC drill rig is already on site, with crew scheduled for mobilisation on 2nd July.

SMM is steady at 0.8¢. Mkt cap $9.655M.

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