Caravel Copper Project
Caravel Minerals Limited (ASX: CVV) is developing the Caravel Copper Project, located within a world-class, 30km mineralised copper porphyry system just 150km northeast of Perth in Western Australia. The Project has a Mineral Resource Estimate of 3.03 million tonnes of contained copper and an Ore Reserve of 1.4 million tonnes, making it Australia’s largest undeveloped copper deposit and the fourth-largest copper discovery worldwide in the last decade.
Caravel is the largest, most advanced, independent copper project outside of mid-tier or major resource companies.
The Project is on a clear pathway to development. Major risks are well understood, and no significant obstacles are identified.
The Environmental Approvals Process is well progressed and on plan to public review early 2025.