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Canterbury Resources Limited (ASX code: CBY)

Canterbury Resources Ltd is an emerging resource company focused on generating and exploring potential Tier-1 copper-gold projects in the southwest Pacific. It has built a strong portfolio of projects in Australia and Papua New Guinea that are prospective for porphyry related copper-gold deposits, with significant resources already established at Briggs (Queensland) and Idzan Creek & Wamum Creek (PNG).

The Company is managed by an experienced team of resource professionals, with a strong track record of exploration success and mine development in the region. Partnerships are often utilised as projects transition into the drilling phase, with joint venture agreements currently in place at Briggs (Alma Metals sole-funding) and Bismarck (Rio Tinto sole-funding).


Canterbury holds the Briggs and Mannersley tenements (Rio Tinto 1.5% NSR), plus the surrounding Fig Tree Hill tenement. This region is prospective for large scale porphyry copper (±gold, ±molybdenum) mineralisation. At Briggs, a low-grade copper system (142.8Mt at 0.29% Cu) has been outlined and recent drill testing is supporting a major expansion of this resource.

The Company also has the Peenam Project where historic shallow drilling encountered significant Cu-Au mineralization. Canterbury interprets past exploration as having tested the outer margins of a mineralized porphyry system, with substantial untested potential at depth and along strike.


strategic tenements are held in a region that includes the massive Wafi-Golpu Cu-Au deposit and the Hidden Valley Au mine. At the Wamum Project two significant Cu-Au deposits have been delineated – Idzan Creek (137.3Mt at 0.53g/t Au & 0.24% Cu) and Wamum Creek (141.5Mt 0.31% Cu & 0.18g/t Au), and a new undrilled target has been acquired nearby at Waits Creek. At the Ekuti Range Project drilling has outlined narrow, high-grade Cu-Au structures distal to larger scale porphyry targets.

Canterbury also holds the Bismarck Project on Manus Island which is considered prospective for concealed porphyry-style copper-gold-molybdenum mineralisation adjacent to or below extensive zones of mapped advanced argillic altered lithocap. Ongoing field programs are generating data to optimise design of potential future drill targets.


Quarterly Activities & Cashflow Report March 2024

The Board of Canterbury Resources Limited has released its Quarterly Activities & Cashflow Report for the period ending 31 March 2024. Download here.

Corporate Presentation April 2024

Canterbury has released an updated corporate presentation. Download here

CBY Half Year Report 2023

The Board of Canterbury Resources Limited is pleased to advise that the Half Year Report for the period ending 31st December 2023 has been released and is available below.Download here