Join our mailing list

Canterbury Resources Limited (ASX code: CBY)

Canterbury Resources Ltd is an emerging resource company focused on creating shareholder wealth by generating and exploring potential Tier-1 copper-gold projects in the southwest Pacific, and has established a strong portfolio of projects in Australia and Papua New Guinea that are prospective for porphyry related copper-gold deposits. 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.

Canterbury’s exploration focus is on several advanced assets that are at the drill testing phase – the Briggs copper project in Queensland, plus the Wamum, Ekuti Range and Bismarck copper-gold projects in Papua New Guinea. Each project provides the potential for delineating large-scale copper (±gold, ±molybdenum) deposits and significant resources have already been established at the Central Porphyry Zone (Briggs), and at the Idzan Creek and Wamum Creek deposits (Wamum).

Canterbury’s strategy to generate potential Tier-1 projects and utilise partnerships to provide funding support is proving successful. The Bismarck project is being managed and sole-funded by Rio Tinto under a Farm-in and Joint Venture Agreement, and the Briggs project is being funded by African Energy Resources under an exclusive option arrangement.


Canterbury holds the Briggs and Mannersley tenements (Rio Tinto 1.5% NSR), plus the surrounding Fig Tree Hill tenement. This important porphyry belt is prospective for large scale porphyry copper (±gold, ±molybdenum) mineralisation. At Briggs, a large, low-grade copper system (142.8Mt at 0.29% Cu) has been outlined and further drill testing is planned under an option deal with African Energy Resources, aimed at expanding an enhancing the resource.


strategic tenements are in a region that includes the massive Wafi-Golpu Cu-Au deposit and the Hidden Valley Au mine. At Ekuti Range, drilling has outlined narrow, high grade Cu-Au structures distal to a series of large scale porphyry targets. At Wamum, 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). Canterbury also holds the Bismarck project on Manus Island where exploration has identified a 10km long lithocap that is highly prospective for buried, large-scale porphyry copper-gold mineralisation.


Drilling Commences at the Briggs Copper Project

Canterbury Resources is pleased to announce that it has commenced a high-impact 3,000m RC drilling program at the Briggs Copper Project: Download Here

Quarterly Activities & Cashflow Report September 2021

The Board of Canterbury Resources Limited has released its Quarterly Activities and Cashflow Report for the period ending 30 September 2021: Download Here

CBY October 2021 Investor Presentation

Canterbury Resources Limited has released an Investor Presentation: Download Here