The Canadian company Axo Copper (WKN A416BY / TSXV AXO) has released the first results of its new drilling at the La Huerta Project in Mexico — and the figures are impressive. Particularly noteworthy is drill hole LHCC-25-031, which delivered a copper equivalent grade (CuEq) of 3.08% over a length of 5.8 meters. Within this section, a sub-interval of 3.1 meters even measured 4.58% CuEq — a very high value. Overall, the mineralized zone of this drill hole extended over 12.4 meters with an average of 1.74% CuEq.
Other drill holes also confirm the potential:
- LHCC-25-030 intersected just under five meters with 0.90% CuEq, including a particularly rich section of 1.4 meters at 1.36% CuEq.
- LHCC-25-034 yielded a six-meter zone with 2.11% CuEq, with a sub-interval of 2.9 meters even reaching 3.63% CuEq.
- Smaller sections, such as in LHCC-25-032 (0.8 meters at 1.27% CuEq), also indicate that mineralization is present along the trend.
Even more exciting are the first visual indications from deeper drill holes. In drill hole LHCC-25-043, which was collared approximately 40 meters deeper, geologists encountered a 10.4-meter-wide zone with visible copper mineralization. This included a 3.5-meter section of particularly high-grade ore, including bornite, an ore with very high copper content. Laboratory analyses of these samples are still pending but could further confirm the deposit’s potential.
To date, approximately 2,100 meters of the planned 15,000 meters of drilling have been completed. Thus, the program is still in its early stages but is already delivering results that indicate a significant copper deposit.
Strengthening Structure and Communication
In parallel with the exploration progress, Axo Copper has taken steps to strategically strengthen the company. A partnership with a Swiss agency is intended to improve investor communication, organize media appearances, and secure presence at trade fairs in the future. Through this, Axo Copper aims to sharpen its profile in the capital market and further build investor confidence.
Furthermore, the company has secured its CEO, Jonathan Egilo, for the long term. He received 1.5 million so-called DSUs (Deferred Share Units), a form of equity participation that directly links him to the company’s future success. This ensures that management remains closely aligned with shareholder interests in the future.
Overall, Axo Copper sees itself in a strong position: The drilling results to date not only confirm the potential of La Huerta but also show that the copper zones continue both near the surface and in deeper layers. With the organizational steps taken in parallel, the company is laying the groundwork to continue its successful work in the coming years and develop the deposit into an important copper project in Mexico.
